Despite continued geopolitical and economic uncertainties, DEG was able to further expand its promotional activities in 2024. There was a sharp rise in new commitments: Around EUR 2.5 billion were committed from own funds – a new record. DEG also mobilised EUR 583m from additional investors. The DEG portfolio grew to EUR 11.6 billion.
A particular focus in 2024 was again placed on investments in climate and environmental protection. Commitments totalled around EUR 1.2 billion, of which EUR 703 million were earmarked for investments in climate protection - a sharp rise in this sector. Renewable energy projects co-financed by DEG generated around 25 TWh of green electricity in 2024, supplying more than 46 million people and avoiding over 13 million tonnes of CO₂ emissions.
Financing and accompanying German companies in developing and emerging-market countries is a key task of DEG. Cooperation with German companies was also further expanded in 2024. DEG provided a total of EUR 620 million to them in 2024, around EUR 544 million of this from its own funds. DEG provided an additional EUR 74 million for smaller investment projects of German and European companies via the ImpactConnect programme using funds from the BMZ.
In total, DEG clients in developing and emerging markets employed around 2.9 million people and generated local income of approximately EUR 202 billion in 2024.
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