Extension - people, topics, trends
As a competent and reliable partner, we are shaping the transition to sustainable economic, social and ecological development worldwide together with our customers. In this sense, we are making a positive contribution to the implementation of the United Nations’ Sustainable Development Goals (SDG).
In late February 2019 KfW IPEX-Bank announced that it was participating in the financing of the Finnish wind farm '"Hedet" in the westerm part of the country. Now, after about 17 months of construction, the wind farm can start operating - but what all had to happen for this to be possible?
Various scientific assessments currently estimate that it will be possible to obtain our entire electricity supply from renewable energies by about 2050. Until then, however, fossil energy sources will still be needed in the energy mix and in particular will have to guarantee security of supply.
The Floating Storage and Regasification Unit (FSRU) hat docked at the expanded LNG terminal in the Port of Açu in Rio de Janeiro, marking an important milestone in the GNA 1 project. Back in early 2019 KfW IPEX-Bank co-financed the thermoelectric gas-fired power plant GNA 1, thus playing a key role in helping to modernise, diversify and stabilise Brazil's energy mix.
Together with our customers and business partners, we are making a significant contribution to global climate and environmental protection through financing for ‘green energy’. This is demonstrated, for example, by new commitments totalling EUR 3.2 billion in our ‘Power, Renewables and Water’ sector department in the last financial year.