KfW promotes sustainable prospects for people, companies, the environment and society. In doing so, we focus on topics which are of particular relevance for the future – in line with the UN’s Sustainable Development Goals (SDGs).
--> Mit unserer gemeinsamen Strategie KfWplus wird aus der KfW die digitale Transformations- und Förderbank.Read more
2022 marks a historic turning point. Russia's attack on Ukraine has shaken the foundations of international politics and caused great suffering. It has resulted in people having to flee their homes and Europe having to completely rethink its energy supply.
Domestic promotional business recorded a very strong business year with a promotional volume of EUR 136.1 billion (2021: EUR 82.9 billion). The high demand for federal funding for efficient buildings accounted for a large share of the domestic promotional business volume at EUR 37.4 billion. Furthermore, the priority area of climate change and the environment also saw a significant increase at EUR 19.5 billion.
The Export and project finance business sector recorded new commitments of EUR 18.1 billion (2021: EUR 13.6 billion), a significant recovery in business volume. In particular, it contributed to the transformation of the economy by financing fibre-optic projects as well as wind farms and photovoltaic systems.
Commitments in the promotion of developing countries and emerging economies reached a record level of just under EUR 12.6 billion. Of this total, around EUR 11 billion was committed by KfW Development Bank and EUR 1.6 billion by DEG.
Annual and Financial Reporting 2022 including figures, facts and impact in detail
KfW press release dated 31 March 2023
Presentation of the Press conference on annual results 2023(PDF, 3 MB, accessible)
KfW Promotion report 2022 (domestic business, in German)
Business and promotional figures 2022
In this decade of decision, it is our task as KfW Group to accelerate the sustainable transformation and to strengthen Germany as an industrial and technology location. As a digital transformation and promotional bank, our action is focused on the areas of climate & environment, and digitalisation & innovation. In line with the transformation agenda KfWplus, we have already initiated important steps on our way to a top-performing KfW. This decade now needs a spirit of optimism and going ahead, to promote transformation and strengthen resilience and sovereignty - in Germany and around the world.
The information contained in this online Annual Report 2022 is based on KfW’s Financial Report 2022, which you can download here. Should this online Annual Report 2022, despite the great care taken in preparation of its content, contain any contradictions or errors compared to the Financial Report, the KfW Financial Report 2022 takes priority.