German Federal Ministry for Economic Cooperation and Development (BMZ)

The German Federal Ministry for Economic Cooperation and Development, known as BMZ, is the federal ministry responsible for shaping and implementing Germany's development policy. Established in 1961, it coordinates bilateral cooperation with developing and emerging economies and works with multilateral institutions including the World Bank and the United Nations. BMZ supports programs covering climate action, sustainable economic development, energy transition, poverty reduction, biodiversity and resilient infrastructure. It frequently provides public and concessional capital through implementing organizations such as KfW, helping mobilize additional private investment for development and climate projects.