Exterior view of KfW IPEX-Bank and the inner courtyard

    Exclusion List

    The group-wide “KfW Group Exclusion List” excludes new financing commitments in specified areas (exclusions).

    Below you will find all previously published versions of the exclusion list in chronological order. For new commitments in domestic development finance, new versions of the exclusion list will take effect after a transition period.

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    Sustainability