A woman wearing protective clothing and a hard hat stands in front of a wind farm with a laptop

KfW IPEX-Bank in 2024

Our North Star: Strengthening the European and German economies. Worldwide.

In the past year, the German and European economies faced considerable challenges. Persistent geoeconomic uncertainty due to the conflicts in Ukraine and the Middle East as well as concerns about increasing trade fragmen­tation placed a strain on investment activities and foreign trade. At the same time, the growing demands for sustainable transformation have led to increasing pressure to make business models more environmentally friendly and resilient. In this environment, KfW IPEX-Bank was able to support German and European companies in developing innovative technologies and tapping into new markets through targeted financing for sustainable and future-oriented projects. This is underpinned by new commitments amounting to an impressive EUR 23.9 billion.

Our transformation projects

Financing of energy transition projects as well as digital infrastructure projects and innovative technologies were in high demand in the past financial year. KfW IPEX-Bank made important contributions to overcoming the long-term global challenges in particular and effectively strengthening the German and European economies.

Find out more about KfW IPEX-Bank’s activities in 2024

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.