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KfW climate financing

Logo COP23

The United Nations Climate Change Conference (COP23) took place from 6 to 17 November 2017 in the Federal City of Bonn, Germany, and was presided over by the government of Fiji.

Working together with partners from across the world, the objective was to harness the momentum of the 2015 Paris Agreement. Implementation of the agreement was to be given concrete form and driven forward at the 23rd world climate change conference to limit global warming well below two degrees Celsius.


KfW Development Bank

KfW Development Bank is part of the UN Climate Change Conference (COP23) in Bonn as one of the world's largest and most innovative financiers of climate protection.

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KfW IPEX-Bank finances innovative energy and environmental projects worlwide.

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Green Bonds - Made by KfW

The KfW Green Bond offers investors the opportunity to specifically invest in the promotion of environmental and climate protection and combine this with the safety and liquidity of an investment in KfW bonds.



How we protect the climate

Conserving forests in Brazil, safeguarding coastlines in Tunesia, promoting sustainable mobiliy in Vietnam – in all of this and much more KfW is engaged in around the globe. Und of course KfW is also active in Germany itself. In sum it belongs to the largest environmental banks worldwide.

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Find out more about KfW's work at KfW Stories

Five experts from KfW about their expectations at COP23 Read more

KfW's commitment to climate and environmental protection

Promoting climate and environmental protection has been a key objective of KfW for many years already. In the 1950s, KfW was the first German promotional institution to fund measures aimed at protecting the environment. Today, KfW is the most significant climate and environmental bank in Germany and the largest financier of the energy transition. For example, KfW Group invested EUR 35 billion in this field around the world in 2016, which means 44% of its total promotional business volume.

Green Climate Fund (GCF)

Zyklonbauten in Bangladesh.
Learning safely: the new schools on pillars provide protection from floods to people in Bangladesh.

The GCF is a key instrument for implementing the resolutions passed at the UN Climate Change Conference in Paris. KfW was the first institution to gain GCF accreditation and the first project that it proposed has since been approved: the construction of flood shelters in Bangladesh. KfW signed a master agreement with the GCF at the end of 2016. This complex agreement sets out the rights and responsibilities of the GCF, the accredited institutions and their implementation partners.

KfW Stories "Climate cnage: Protected by schools and roads"

Sustainability as a promotional mandate

Guidelines & Values

Find out more here about the sustainability principles and basic positions of the KfW Group.

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Environmental & Social Impact Assessments

Extensive environmental and social impact assessments determine whether international projects are supported by KfW.

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Sustainability Programme

In black and white: KfW's goals for improving sustainability commitments.

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KfW Stories

KfW Stories - COP23 in Bonn

Global warming is changing our lives. Droughts and flood disasters threaten millions of people. With the Paris Climate Change Agreement, the international community is trying to take countermeasures. Expectations are high for COP23, the international follow-up UN-conference that will take place in Bonn. Learn more in KfW Stories about what KfW is doing to fight climate change and its effects.

To KfW Stories

As of November 2017

You may use the texts of KfW Special Topics free of charge for editorial purposes, except pdf-files created by third parties. Please note that the photographs are subject to copyright. More photos for free use you can find in the KfW Photo Archive .


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