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 key messages of Agenda 2030: promoting human dignity, protecting our planet, prosperity for all, promoting peace 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.
SDG mapping transparently shows KfW Development Bank's contribution to the individual SDGs for the reference year 2022. With our financing, we contribute in principle to all the goals of the Agenda 2030. In the previous financial year, we provided our partners with almost EUR 11 billion in funding. Two particular focal points of our engagement were climate protection (SDG 13) and the promotion of affordable and clean energy (SDG 7) - two areas that are closely interlinked and play a significant role in the "green reconstruction" of many economies that have been purged by the COVID 19 pandemic. In addition, reducing inequalities (SDG 10) is a cross-cutting issue.
Achieving the SDGs will require enormous investments that cannot be made from public funds alone. The mobilisation of private capital, especially through impact investment, is therefore becoming increasingly important in development finance.
