Green Bonds - Made by KfW: Management of proceeds
KfW is supporting the energy turnaround in Germany over the next few years with more than EUR 100 billion, making a crucial contribution to restructuring our energy supply.
Our prime objective is to drive a massive expansion in electricity and heat energy generated from renewable energies, including the electricity grids required to transport it. We are also focusing on developing energy storage systems and highly efficient bridging technologies such as gas-fired power stations.
Renewable Energies Programme
KfW is amongst the world's largest financiers of renewable energy. With the KfW Renewable Energies Programme projects in the areas of in particular wind and photovoltaics, but also biomass and hydropower are financed.
This loan programme and any investment in KfW Green Bonds translate into the generation of measurable, certified GHG emission savings. In addition, energy imports to Germany are avoided and costs for fossil fuels are lowered. The projects also help create and secure jobs.
Impact of the KfW Renewable Energies Programme in Germany: 1)
|Commitment volume (in EUR billion)||8.9||6.8||7.1||4.1||3.1|
|Investments mobilised (in EUR billion)||11.0||10.3||10.0||7.0||4.5|
|Jobs created and secured (for one year)||101,280||169,600||131,130||117,880||74,810|
|Reduction in greenhouse gas emissions|
(GHG equivalents per annum in mn tons)
|Fossil fuel imports avoided (per annum EUR in millions)||350||561||457||313||210|