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Our commitment in Europe

KfW-Standorte in den EU-Nachbarschaftsregionen

On behalf of the German Federal Government, KfW Development Bank works closely with the institutions of the EU and its member states to further increase the effectiveness of European development cooperation (DC) and to combine forces and use synergies in times of multiple crises and challenges. To this end, we act within the framework of #Team Europe in close cooperation with the EU Commission as well as with other multilateral or bilateral actors in European development finance.

In order to support the EU in achieving its development policy goals even more efficiently, KfW and its partner institutions AECID (Spain), AFD (France) and CDP (Italy) cooperate within JEFIC - Joint European Financiers for International Cooperation - a network of European national bilateral development banks and financial institutions which mainly work with public sector partners in developing countries and emerging economies. Next to this JEFIC plays an important role in leveraging the private sector and enhancing the local regulatory framework.

A core concern of JEFIC is to mobilise public and private capital for increased, effective investments in the Sustainable Development Goals (SDGs). For this purpose, so-called EU blending is a proven and particularly efficient instrument. It is a combination of grants from the EU and loans from development banks with the aim of enabling larger investment projects and using EU public development funds as efficiently as possible, especially in strategic priority areas such as Global Gateway. In this way, low-interest and long-term financing can be offered for important infrastructure and other future-oriented projects in developing countries and emerging economies.

Together with the EU, KfW supports the countries of the EU's neighbouring regions in Central and Eastern Europe, the Balkans or the Mediterranean on their path to Europe. Through our field offices in the respective capitals, we work directly with our partners on the ground and on the pulse of events. How the people there are doing, what moves them and what hopes and challenges they associate with Europe can be seen in the articles in our "Perspectives on Europe" series, where local employees and partners regularly have their say.

European perspectives

Water - either scarce or more than plentiful

The Gaza Strip is a small piece of land between Israel and Egypt. One of the most important factors there is water: scarce in the hot summers, abundant in the rainy winters. KfW is working on solutions - together with the EU.

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Moldova turning to the West

For decades Moldova was under the influence of Russia. With KfW's support, the small state is seeking to join the European Union economically and politically. In an interview, Dumitru Burdianschi, Minister of Finance of the Republic of Moldova, comments on the situation.

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Serbia on its way to the EU

Serbia and the European Union have been in negotiations on EU accession since 2014. KfW promotes the country's advancement with a focus on the topics of urban development, energy/environment and employment.

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  • Earthquake

    2023-02-15 | Earthquake

    Aid for earthquake victims in Türkiye and Syria

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  • Four people behind a frame

    2022-11-08 | South Africa

    Supporting South Africa's energy transition

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  • Electricity substation

    2022-10-24 | Georgia

    On the way to Georgia's energy independence

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  • Caribbean Biodiversity Fund

    2022-10-10 | Caribbean

    Reducing marine litter in the Caribbean through circular economy

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