KfW Development Bank 2019
Promotion in 2019 maintained the high volume of the previous year
At EUR 8.8 billion, new commitments reached a new record high. Around 59% of funding is for climate and environmental protection projects. The regional focus was on the Middle East, with 43% of commitments (almost EUR 3.5 billion).
Focus on Africa
KfW Development Bank began implementing the initiatives under the G20 Compact with Africa initiative in 2019. A total of EUR 744 million was committed for this purpose.
The information contained in this online Annual Report 2019 is based on KfW’s Financial Report 2019, which you can download Should this online Annual Report 2019, despite the great care taken in preparation of its content, contain any contradictions or errors compared to the Financial Report, the KfW Financial Report 2019 takes priority.