A memorandum of understanding (MoU) will see KfW and the £3bn ($4.7bn) GIB pursue a “close and continuous exchange of experience and expertise in environmental protection and climate finance between both institutions”.
Among its many activities, state-controlled KfW is heavily involved in the financing of Germany’s ambitious offshore wind push – an area that the UK’s GIB has already said will also be one of its main priorities when it begins operations, scheduled for this autumn.
The
