A small country with the greatest biodiversity in the world
Ecuador, the country of the four worlds, is geographically divided into the coastal landscape of the Pacific Ocean, the Andes with their majestic peaks and volcanoes, the forest-covered Amazon lowlands and the Galapagos Islands. It has the greatest biodiversity in the world in proportion to its area. But biodiversity and nature are threatened, not least by the country's most important economic factor, which is oil extraction. In addition to the environmental risks, however, oil reserves are also a double-edged sword in economic terms: the high dependence on oil exports has led to major slumps in growth in recent years due to falling prices. Although social inequality in the country is still high, the number of people living below the international poverty line (USD 3.20 per day) has fallen from around 50% to less than 10% in the last 20 years. KfW Development Bank supports Ecuador in reconciling economic development and the protection of natural resources.
KfW Office Quito
Director KfW Office: Eudoxia Tello
Whymper N28-39 y Orellana
Phone: +593 2 3815814