As the official development bank of Austria, we act with a mandate from the federal government and are obligated to pursue the mission of Austrian Development Cooperation. We finance and support projects in developing countries and emerging markets that are economically sustainable and have positive impacts on development.
We finance sustainable development.
It is our mandate to provide stimulus for sustainable economic growth in order to improve the living conditions of people in disadvantaged regions over the long term. In doing so, we are careful to adhere to international labour, environmental and social standards.
We finance projects that comply with the criteria for developmental policies. They
- contribute to the creation of jobs and national income,
- improve access to modern infrastructure and to financing,
- support the supply of energy (in particular through renewable energy projects and energy efficiency projects).
We invest in promising business engagement.
We strengthen Austria's relationship with those countries that want to take advantage of private sector involvement in order to make long-term improvements to their living conditions. Our offerings supplement and support the work that Austria's politicians, investors, banks and citizens do for development in the poorer countries of the world.