Xtension - Magazine of KfW IPEX-Bank
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).
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.
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.