Climate change partnership

The KfW Entwicklungsbank and the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) have signed a cooperation agreement as part of the German Climate Technology Initiative (DKTI).

‘With this cooperation agreement we are consolidating our excellent work together to date and pooling the implementation capacities of the two organisations under a common secretariat for the first time in the history,’ said Christoph Beier, Vice-Chair of the GIZ Management Board, at the signing in Frankfurt on 14 May. Together with KfW Managing Board member Norbert Kloppenburg, he paid tribute to the DKTI as a major German contribution to international climate change mitigation.

Promoting technology transfer

The DKTI was established in January 2011. It is a joint initiative of the German Federal Ministry for the Environment, Nature Conservation and Nuclear Safety (BMU) and the German Federal Ministry for Economic Cooperation and Development (BMZ). Its implementing agencies are GIZ, KfW and the KfW subsidiary Deutsche Investitions- und Entwicklungsgesellschaft mbH (DEG). The DKTI promotes the dissemination of technologies in emerging and developing countries with the aim of reducing greenhouse gases.

By working closely with German enterprises, technologies with proven effectiveness in Germany can be transferred to those countries where they are expected to achieve maximum benefit. Photovoltaics, biomass, wind, energy efficiency for buildings – one country, one technology, a one-stop shop for the entire package, including consulting and financing. DKTI is funded by revenues from emissions trading.

The DKTI secretariat was established at the Frankfurt premises of the KfW in October 2011; it is comprised of two members of staff from both GIZ and KfW. The secretariat supports the government departments and executing agencies with coordinating, designing and developing the initiative.