UN Secretary-General Ban Ki-moon joins the 2nd annual meeting of the IDFC in Washington

Frankfurt (ots) - Yesterday, on the occasion of the 2nd annual
meeting of the International Development Finance Club (IDFC) the
Secretary-General of the United Nations Ban Ki-moon met with IDFC
CEOs. During their meeting IDFC members discussed the 2013/2014 work
programme in climate and development finance as well as ways IDFC
members can support global processes on climate finance.

In his key note speech to the IDFC CEOs, the UN Secretary-General
Ban Ki-moon stated: "Development banks within the IDFC have provided
impressive green finance commitments, including $79 billion in
climate financing in the last year alone". He encouraged members of
the IDFC to further increase their climate financing and to continue
their efforts in mobilising additional private capital and to use the
2014 Climate Summit to reach the goal of $100 billion-a-year for new
climate finance commitments. "Your capital and your strategic
collaboration across very different parts of the world can create and
transform markets. With enlightened action, we can create jobs,
improve public health and protect the environment", he said.

The Chairman of the IDFC and CEO of the KfW Group, Dr Ulrich
Schröder, emphasised: "This statement constitutes a substantial
political guidance for the members of IDFC and underlines the
importance of continuing the cooperation between the UN and the IDFC
in light of major developmental and climate issues on the world's
agenda."

The International Development Finance Club (IDFC), an association
of 20 Development Banks from Africa, Asia, Europe and Latin America
held its 2nd annual meeting last weekend as a side event to this
year's World Bank Group and IMF annual meetings in Washington.

About IDFC:

The IDFC is a network of 20 likeminded national, bilateral and
regional development banks. Founded in 2011, the Members of IDFC act
inter alia as financier, advisor, partner and implementer to mobilise
finance and expertise for development projects in emerging and
developing countries. With a similar vision on development
strategies, the Club prioritises on social and green development for
a sustainable future. More information on the programme,
organisational structure and members of IDFC is available at
www.idfc.org.

About KfW:

Established in 1948 as a public law institution, KfW is today
owned 80% by the Federal Republic of Germany and 20% by the federal
states ("Länder"). KfW is devoted to the principle of sustainability
and takes particular responsibility for the protection of the
environment and the climate. Its main activities are the promotion of
SMEs, financing of the housing sector and of municipalities, export
and project finance as well as the promotion of developing and
transitional countries.

Pressekontakt:
KfW, Palmengartenstr. 5 - 9, 60325 Frankfurt
Kommunikation (KOM) Dr. Charis Pöthig
Tel. +49 (0)69 7431 4400, Fax: +49 (0)69 7431 3266,
E-Mail: presse@kfw.de, Internet: www.kfw.de