OEEB report: 900 million euros for climate protection and sustainable projects!

OEEB report: 900 million euros for climate protection and sustainable projects!

Österreich - On May 28, 2025, Austria's Development Bank AG (OEEB) published its annual Impact Report, which documents the significant development effects and the contribution of the bank to achieve the sustainable development goals (SDGS). In 2024, OEEB supported over 380,000 micro, small and medium-sized companies in developing countries and invested a total of 1.74 billion euros, of which 428 million euros flowed into projects in Africa.

A remarkable part of the portfolio, 17 percent, went to the least developed countries. More than half of the investments, around 900 million euros or 51 percent, flowed into climate -relevant projects. These projects covered 48 percent of the projects that support the SDG 8 goal, which aims at deceive work and economic growth, while 18 percent for SDG 9, which were dealt with with industry, innovation and infrastructure.

training and economic strengthening

The OEEB gave important impulses for the private sector on behalf of the Federal Ministry of Finance (BMF). In the technical support, 183 companies and financial institutions received valuable training courses that made more than 10,000 people. OEEB financing also gave more than 380,000 companies access to capital, which created jobs in OEEB-financed projects in about 300,000 people.

In addition, 173 million euros were invested in projects that contribute to the economic strengthening of women. In view of the tightening climate crisis, which reached an average temperature of 1.5 ° C above the pre -industrial level in 2024, this commitment to sustainable development is of enormous importance.

climate fund and international cooperation

The report on the investments of the OEEB is in the context of global efforts to combat climate change, which are set in the 2030 goals for sustainable development. These goals, assumed by the UN Member States in 2015, contain a number of obligations to end poverty, reduce inequalities and at the same time promote climate protection. The multilateral development banks (MDBs) have published a joint explanation at the UN Climate Conference COP29 in Baku in which they support that $ 120 billion for climate finance in low-income countries are to be provided by 2030. Of these, $ 42 billion for climate adjustments are provided.

The MDBs are also striving to advance transformative changes by mobilizing investments from the private sector and increasing their previous financing goals. According to reports from the European Investment Bank (EIB), a volume of 1 trillion euros in climate protection and ecological sustainability is to be mobilized by 2030. This shows the urgency and necessity to scale the measures to combat climate change across national and organizational.

summarized, the current OEEB Impact Report emphasizes the central role that takes sustainable investments in the global context of climate finance. Efficient partnerships, as promoted under the multilateral development banks, are crucial for the implementation of initiatives to achieve the SDGS and to compil the consequences of climate change.