Invest in the Future. Transform it now.
Project evaluation and selection process
Project Selection
Project Evaluation
-
-
KFW
Lender
>>>
Bank
Financing partner
>>
Final borrower
KfW loans are extended to final borrowers via intermediaries
such as commercial banks or local saving banks.
Intermediaries apply their regular loan procedure, assume the
liability for repayment to KfW and screen against the specific
programmes' eligibility criteria KfW defined.
In a 2nd step, the KfW lending department reviews the loan
application and compliance with the eligibility criteria of the
specific KfW loan programme.
All projects approved by KfW's lending department for eligible
loan programmes immediately qualify for KfW Green Bonds
w/o further selection or approval process.
Germany
EU & High-
Income-
OECD
countries
All other
countries
-
-
-
KfW's environmental & social risk management
framework
High level of environmental protection and social
regulations applicable by the responsible authorities.
No further ESG assessment by KfW.
High level of environmental protection and social
regulations applicable by the responsible authorities.
No further ESG assessment by KfW.
KfW's lending department assesses possible negative
environmental or social impact.
KfW's Competence Centre for Environment and
Sustainability reviews projects that are considered relevant.
All projects must comply with int'l regulations incl. those of
EU, World Bank, and the International Labour Organisation
(ILO).
KFW Invest in the Future. Transform it now. / November 2023
27
27View entire presentation