We are transforming mobility

We facilitate clean and safe investments in public and private mobility, sustainable transport of goods and the transformation of the maritime industry and aviation. Our goal is Paris-compliance throughout the mobility sector.

Our achievements during 2023

We support our customers on their transformation journey, focusing on new mobility concepts in rail and freight transport, sustainable drive systems and the anticipation of future challenges, among other things. Examples in 2023 included:

From road to rail: KfW IPEX-Bank is financing 800 state-of-the-art intermodal railcars for the Polish leasing company Eurowagon. This goes hand in hand with the shift of freight transport to rail and the transition to climate-friendly transport infrastructure. In accordance with Eurowagon’s sustainability strategy, the loan agreement was structured by KfW IPEX-Bank as a Green Loan. The new freight cars will enable environmentally friendly and sustainable rail freight transport throughout Europe.
Green Loan for railway infrastructure: KfW IPEX-Bank is providing a Green Loan facility totalling NOK 1.148 billion (approximately EUR 100 million) for the Norwegian company Bane NOR Eiendom. The funds will be used for the extension and refurbishment of various maintenance workshops. This will enable maintenance of longer passenger trains with a length of over 220 metres and increase overall efficiency of the maintenance cycle. By providing this financing, KfW IPEX-Bank is supporting the decarbonisation of mobility and transport.
Remaining navigable: In the worsening droughts of recent years, we see the effects of climate change that have already become a reality. To support the transformation process towards a sustainable economy, we not only finance projects that contribute to reducing global emissions, but also support technologies of the future that help to address the realities of climate change. One example is the low-water tanker Stolt Ludwigshafen, which can cope with very low water levels thanks to its unique design.

Financing cases 2023

Infographic shows a train and people; a person with an e-scooter and a person with an e-bike; 100 million euros were invested in the decarbonisation of mobility

Infographic on the low-water chemical tanker Stolt Ludwigshafen and the fairway conditions on the Rhine near the cities of Basel, Strasbourg, Mainz, Koblenz, Cologne and Emmerich

Infographic shows the high load capacity with low draught of the Stolt Ludwigshafen in contrast to a standard tanker

Infographic shows a diagram of increasing low water levels on the Rhine as an effect of climate change

What we plan to do in 2024

Our objective in the future is to continue supporting the transformation of our clients in all areas of the mobility sector – on land, in the air and at sea. When selecting mobility projects to finance, we therefore concentrate especially on those that make an active contribution to reducing CO₂, for example by financing forward-looking drive technologies in passenger transport by road and rail, or fuel-efficient drive technologies for state-of-the-art aircraft. We also support maritime industries by financing energy-efficient ships.

Learn more about our mobility financing products

Contact: Sebastian Blum,
Global Head of Mobility

KfW IPEX-Bank
Palmengartenstraße 5-9
60325 Frankfurt am Main
Germany

Legal notice:

The information contained in this online Annual Report 2023 is based on KfW IPEX-Bank’s Management Report 2023, which you can download here. Should this online Annual Report 2023, despite the great care taken in preparation of its content, contain any contradictions or errors compared to the Management Report, KfW IPEX-Bank’s Management Report 2023 takes priority.