Germany invests record sum for climate protection in developing countries and emerging economies

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In 2020, the BMU supported a total of 385 ongoing and new projects in developing countries and emerging economies with 601.2 million euros under the International Climate Initiative (IKI).

Official Press Release BMU:

BMU makes 2020 climate investments of over 600 million euros in developing countries and emerging economies

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The Federal Environment Ministry (BMU) investments in international climate projects reach a record high. In 2020, the BMU supported a total of 385 ongoing and new projects in developing countries and emerging economies with 601.2 million euros under the International Climate Initiative (IKI). In 2019, investments totalled 467 million euros and some 410 million in 2018. The necessary recovery after the pandemic will therefore be combined with ambitious climate action and biodiversity conservation.

Parliamentary State Secretary Rita Schwarzelühr-Sutter remarked: “Initially, we were worried that the partner countries of the International Climate Initiative in the global South would not be able to maintain their cooperation in climate and biodiversity projects.... ... More: Official Press Release BMU