KfW Development Bank has been helping the German Federal Government to achieve its goals in development policy and international development cooperation for more than 50 years. In this regard, we are both an experienced bank and a development institution with financing expertise. On behalf of the German Federal Government we finance and support programmes and projects that mainly involve public sector players in developing countries and emerging economies – from their conception and execution to monitoring their success. Our goal is to help our partner countries fight poverty, maintain peace, protect both the environment and the climate and shape globalisation in an appropriate way. KfW Development Bank’s commitments for renewable energy in 2016 amounted to roughly EUR 1.2 billion. Including the domestic promotional business, KfW Group is one of the largest financers of renewable energy world wide.