KfW Development Bank and the Sustainable Development Goals (SDGs)
Agenda 2030 for Sustainable Development was adopted by the Member States of the United Nations in September 2015. At the core of Agenda 2030 are 17 ambitious Sustainable Development Goals (SDGs), which take into account all three dimensions of sustainability – social, environmental and economic – for the first time. The goals are universal and therefore apply to all countries equally.
As one of the largest financing organisations in international development cooperation, KfW Development Bank supports the partner countries of German and European development cooperation in their efforts to implement and achieve the SDGs. Here we are closely following the overarching goals of Agenda 2030: promoting human dignity, protecting our planet, ensuring peace and prosperity for all and advocating a global partnership.
International development cooperation projects usually pursue several development policy objectives at the same time and thus make a contribution to multiple SDGs. To account for this fact, the SDG mapping described here allocates the financing volumes of the individual projects on the basis of their developmental policy objectives to those SDGs where the financing is expected to have a positive impact.
KfW Development Bank's contribution to the SDGs
SDG mapping transparently shows KfW Development Bank's contribution to the individual SDGs for the reference year 2019. In the previous financial year, we provided our partners with EUR 8.8 billion in funding. We contribute to all the goals of Agenda 2030 with our projects. Our commitment focuses on poverty alleviation (SDG 1), climate action (SDG 13) and establishing strong institutions and promoting peace (SDG 16).
SDG 17 plays a special role in the objectives of Agenda 2030 by focusing on global solidarity for the implementation of the remaining SDGs One priority is mobilising Official Development Assistance (ODA) from donor countries. Since all KfW projects are eligible for the German ODA quota, we include all our new commitments under SDG 17.