KfW records high volume of commitments in development cooperation again

Frankfurt am Main (ots) -

- KfW provides EUR 4.3 billion for climate and environmental
protection (60%)
- Approximately EUR 1 billion in support for crisis regions in
North Africa/Middle East
- EUR 654 million in direct aid for refugees in 2015
- DEG commits EUR 1.1 billion for private investment in developing
and emerging countries

In 2015 KfW disbursed the second highest sum of funding and grants
to developing and emerging countries after the record year in 2014.
For projects and programmes in Africa, Asia, Latin America and
South-East Europe a total of around EUR 7.8 billion was pledged in
2015 on behalf of the German federal government (previous year: EUR
8.8 billion; 2013: EUR 6,7 billion; 2012: EUR 6,2 billion). Of this
amount, EUR 4.3 billion went into climate and environmental
protection (previous year: EUR 5.4 billion), primarily into funding
renewable energies and climate change adaptation measures.

The funding provided by KfW for developing and emerging countries
comprised projects in various sectors. Different funding instruments
are used, tailored for the given partner so that the projects and
programmes can exert the maximum effect. The initiatives range from
overcoming causes of flight and alleviating the suffering in refugee
camps, through grants to protect tropical forests in Latin America to
a promotional loan for a climate-friendly metro system in India.
Furthermore, DEG offers funding for private companies, for example to
open up a dry construction training centre in Iraq or to work with
smallholders in East Africa, thereby giving them the chance to earn
income.

"Promoting global climate and environmental protection, the
growing number of trouble spots and the resultant waves of refugees
worldwide coupled with the rising importance of cities remain the
greatest challenges of the years ahead. The huge range of our
projects offers access to energy for broad swathes of the rural and
urban populations in developing and emerging countries. Additionally,
the stabilisation measures reach many people in the crisis-hit
countries and in neighbouring states", revealed Dr Norbert
Kloppenburg, Member of the Board of Management at KfW Group.

Thanks to its projects and programmes, KfW helps 2.5 million
people gain access to energy for the first time. Some 3.4 million
children and young people are reached as part of the education
projects, while the water, waste water and waste disposal projects
ensure a marked improvement in the living conditions for 10.8 million
people.

KfW Development Bank:

In 2015 KfW made 307 new pledges of funding amounting to EUR 6.7
billion. Alongside budget funds stemming primarily from the Federal
Ministry for Economic Cooperation and Development (BMZ), KfW made use
of own capital amounting to EUR 4.3 billion (64%, previous year:
73%). In this way, KfW supports the German federal government in
fulfilling its international objectives and obligations with regard
to fighting poverty, helping refugees (EUR 645 million in new
commitments; ongoing measures totalling EUR 1.6 billion) as well as
climate and environmental protection.

Some 60% of the funding, or roughly EUR 4 billion, was dedicated
to the last of these areas, with EUR 2.5 billion going to global
climate protection and EUR 1.2 billion to financing climate change
adaptation measures.

DEG:

KfW subsidiary DEG - Deutsche Investitions- und
Entwicklungsgesellschaft mbH committed around EUR 1.1 billion in 2015
to fund private investments in developing and emerging countries.
This facilitated business investments amounting to EUR 5.7 billion.
Funding for small and medium-sized enterprises was a priority. Around
60% of the new commitments in 2015 were destined for this important
target group. For investments in Africa and other promising markets
DEG pledged EUR 566 million. "There are a great number of developing
countries with huge potential. DEG is purposefully involved here to
promote entrepreneurial initiative and create prospects for the
people", emphasised Bruno Wenn, Chairman of DEG Management Board. In
addition to funding from its own capital, DEG co-finances pilot
projects and feasibility studies via promotional programmes as well
as advising companies.

A total of 115 German enterprises were funded by DEG last year to
the tune of EUR 164 million for developmental projects in emerging
and developing countries.

An assessment of the DEG portfolio shows that the companies
co-financed by DEG employ approximately one million people. They
contribute to national revenue by means of annual tax payments
amounting to roughly EUR 1.5 billion. They also improve the energy
supply by producing 8 terawatt hours (TWh) of electricity each year
from renewable energies for about 9 million people.

More information can be found by following the following link:

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Pressekontakt:
KfW, Palmengartenstr. 5 - 9, 60325 Frankfurt
Kommunikation (KOM) Dr. Charis Pöthig
Tel. +49 (0)69 7431 4683, Fax: +49 (0)69 7431 3266,
E-Mail: Charis.Poethig@kfw.de, Internet: www.kfw.de