What we achieve – Development effects of our work
Our work benefits people, businesses and countries. We ensure our customers can maximise opportunities, open up new markets and compete successfully. In doing so, they create qualified jobs and income and are also actively committed to education and training for their staff. In addition, they also boost economic growth, create local value and support the transfer of know-how. Their taxes and export earnings contribute to government revenue and foreign exchange earnings – funds that are needed for investments in infrastructure, education, health, etc.
Contributing effectively to the Sustainable Development Goals of the 2030 Agenda
Through their financial success and responsible operations, the companies supported by DEG are driving forward sustainable development in line with the 2030 Agenda of the United Nations. The 2030 Agenda, which encompasses 17 Sustainable Development Goals (SDGs), aims to improve living conditions for all humans and protect the planet. Every customer we provide financing with commits to achieving defined development goals. If particular challenges arise, DEG provides additional support in the form of advice. We use a transparent procedure to measure further development.
Development effects of DEG commitments 2020
Due to the coronavirus pandemic and the associated economic downturn in emerging and developing countries, 2020 was a very challenging year. DEG set up COVID-19 Response programmes to provide targeted support to its customers and secure livelihoods and jobs. The effects of the DEG portfolio in 2020 recorded with the DERa show that private companies contribute significantly to development.