KfW has been supporting the German Federal Government in achieving its development policy and international cooperation goals for more than 50 years.
Its role in German development cooperation is both that of an experienced bank and an institution specialising in development policy. On behalf of the German Federal Government, primarily the Federal Ministry for Economic Cooperation and Development (BMZ), and the European Union, KfW promotes and supports projects with predominantly state actors in developing countries and emerging economies – from their conception and execution through to monitoring their success. In doing so, KfW acts in line with the United Nations’ 2030 Agenda and the Sustainable Development Goals (SDGs) described therein, as well as the resolutions of the Paris Agreement on climate change of 2015. In 2020, KfW Development Bank committed around EUR 11 billion to finance new development projects to support partner countries in achieving development and climate goals and to decisively improve living conditions. Despite the particularly difficult challenges during the pandemic, funding reached a significantly higher level than in previous years.KfW Development Bank is present in almost 70 countries across the globe, working on more than 19 different topics like poverty and employment, education, bio-diversity, health, governance, social protection, economic growth and many others.In Lebanon, KfW Development Bank is working on behalf of the German Federal Government to promote development, particularly the expansion of public infrastructure in the areas of education and vocational training, employment support, drinking water and sanitation. In doing so, it is working closely with the country's authorities as well as United Nations agencies and non-governmental organizations. As a result, it is helping to bring about structural improvements for the sustainable development of the country and the people who live there.The German Federal Government, through BMZ, is financing an employment drive called “Partnership for Prospects (P4P) – Cash for Work” focused on Syria and its neighbors, with the purpose of creating jobs for refugees and host communities using employment intensive construction methods and skills development. In 2020, the BMZ committed a total of 353.5 million euros for the Partnership for Prospects, where of 73.0 Mio. EUR for Lebanon through KfW.With such funding from BMZ through KfW, the ILO has been implementing the Employment Intensive Infrastructure Programme (EIIP) in Lebanon since 2017.