The Federal Ministry for Economic Cooperation and Development (, ; abbreviated BMZ) is a cabinet-level ministry of the

Federal Republic of Germany Germany, officially the Federal Republic of Germany, is a country in Central Europe. It lies between the Baltic Sea and the North Sea to the north and the Alps to the south. Its sixteen constituent states have a total population of over 84 ...

. Its main office is at the former

German Chancellery The Federal Chancellery (, ) is a Germany, German Federal agency (Germany), federal agency serving the executive office of the chancellor of Germany, the head of the Government of Germany, federal government, currently Friedrich Merz. The Chancel ...

Bonn Bonn () is a federal city in the German state of North Rhine-Westphalia, located on the banks of the Rhine. With a population exceeding 300,000, it lies about south-southeast of Cologne, in the southernmost part of the Rhine-Ruhr region. This ...

with a second major office at the Europahaus in

Berlin Berlin ( ; ) is the Capital of Germany, capital and largest city of Germany, by both area and List of cities in Germany by population, population. With 3.7 million inhabitants, it has the List of cities in the European Union by population withi ...

. Founded in 1961, the Ministry works to encourage economic development within Germany and in other countries through international cooperation and partnerships. It cooperates with international organizations involved in development including the

International Monetary Fund The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution funded by 191 member countries, with headquarters in Washington, D.C. It is regarded as the global lender of las ...

World Bank The World Bank is an international financial institution that provides loans and Grant (money), grants to the governments of Least developed countries, low- and Developing country, middle-income countries for the purposes of economic development ...

, and the

United Nations The United Nations (UN) is the Earth, global intergovernmental organization established by the signing of the Charter of the United Nations, UN Charter on 26 June 1945 with the stated purpose of maintaining international peace and internationa ...

. The BMZ was created in 1961 as a reflection of the growing prioritization of foreign aid beyond financial gain, a relatively unique choice at the time. Germany was a pioneer in establishing the BMZ, as most countries did not have established aid agencies for the explicit purpose of managing ODA. In the following decades, the BMZ increasingly prioritized sustainable development (SD) in policy discourse focusing on providing basic needs and explicitly incorporating Millennium Development Goals (MDGs). https://doi.org/10.1080/19460171.2023.2265988 The MDGs were replaced with the Sustainable Development Goals (SDGs) upon the UN publication of Agenda 2030 in 2015. The BMZ strongly supported the reorientation led by the OECD towards tangible and measurable goals for sustainability. Germany is the second-largest development co-operation provider of the Development Assistance Committee (DAC). Bilateral co-operation constitutes the bulk of Germany’s official development assistance (ODA), under the overall lead of the Federal Ministry for Economic Cooperation and Development (BMZ), while the Federal Foreign Office oversees humanitarian aid, crisis prevention, stabilisation and peace-building. According to the

OECD The Organisation for Economic Co-operation and Development (OECD; , OCDE) is an international organization, intergovernmental organization with 38 member countries, founded in 1961 to stimulate economic progress and international trade, wor ...

, Germany’s total ODA (USD 35 billion, preliminary data) increased in 2022 due to an increase in in-donor refugee costs and increased contributions to international organisations. It represented 0.83% of gross national income (GNI).

List

Political Party:

References

Economic Cooperation And Development International development agencies Economy of Germany German trade policy Germany, Economic Cooperation And Development {{Germany-gov-stub