DEG in 2024

For more than 60 years, KfW subsidiary DEG has been a reliable partner for private companies and financial service providers active in developing markets. DEG comes alongside these organisations to help instigate the sustainable and economically successful transformation of the private sector.

DEG – Deutsche Investitions- und Entwicklungsgesellschaft

In recent years, DEG has placed an even greater strategic focus on impact and climate effects and has committed to following a concrete path in its Impact/Climate Commitment. This also includes creating a climate-neutral portfolio by 2040. In addition, DEG has further expanded its consulting and promotional activities. Climate action, biodiversity and the careful use of natural resources never stop being important topics. DEG also obliges all its customers to comply with international ESG standards. For more information, see Impact and climate focus.

Many companies, especially in developing countries, recognise the need to be resilient and tackle the challenges of transformation, and they capitalise on the opportunities that come with this. DEG supports them on their journey with its bundled range of financing and consulting services.

In 2024, DEG was able to achieve its highest new commitment volume to date with EUR 2.5 billion from its own funds for private companies for their investments in developing and emerging economies.

Find out more about DEG’s activities in 2024

DEG has developed its very own Development Effectiveness Rating (DERa) to measure the development effects of its customers’ investments in concrete terms. The rating has been in use since 2017.

It has since been further developed and as of 2024, the DERa 2.0 has been analysing development impacts using a net impact approach, which means that potential negative impacts such as high CO₂ emissions are also included in the result. A second rating pillar is used to assess the transformation promoted by DEG at the customer end, for example in areas such as resource protection, gender equality and digitalisation. In the first analysis carried out according to the DERa 2.0 system, DEG reached 35 points and thus significantly exceeded its target value of 32 points in 2024. The results of the DERa analysis at customer company level can also be used by customers to shape and plan their further transformation.

We evaluate our work

Legal notice:
The information contained in this online Annual Report 2024 is based on KfW’s Financial Report 2024, which you can download here. Should this online Annual Report 2024, despite the great care taken in preparation of its content, contain any contradictions or errors compared to the Financial Report, the KfW Financial Report 2024 takes priority.