The Exclusion List of KfW Group is valid groupwide. On the one hand, it excludes financing for new projects or purposes in predetermined areas (exclusion list). On the other, in selected sectors KfW Group ties its direct financial commitment for concrete new projects to qualitative conditions (supplementary requirements).
The transformation process towards a sustainable society is the most pivotal challenge of our times. As a transformative promotional bank, KfW Group therefore takes a particular responsibility for the successful transformation. KfW Group’s sector guidelines systematically focus on greenhouse gas-intensive sectors for which sector- specific minimum requirements for the climate compatibility of financed technologies are defined. It is especially important to support the advancement of the transformation process in those sectors that are facing particular challenges with regard to climate change mitigation and are therefore of essential importance to achieving the targets set in the Paris Climate Agreement.