Fiscal year 2024

Creating prospects for a future worth living – we achieved a total business volume of around EUR 4 billion in 2024, which supported almost 1,700 projects designed to achieve this goal. It was a successful fiscal year for GIZ, especially with regard to income from cofinancing.

EUR 4 billion
in business volume
(2023: EUR 4 billion)

Trend in public-benefit business area

As at 31 December 2024 (2023)
Total income (in EUR million)1

  • BMZ items, excluding special initiatives
  • Cofinancing provided by third parties for BMZ projects2
  • Special initiatives
  • Federal ministries
  • Cofinancing provided by third parties for German public sector clients projects3
  • Other business sectors4
1
All values shown without decimal places. There may therefore be rounding differences.
2
This figure shows only cofinancing for BMZ commissions, which is included in the total income generated in commissions implemented on behalf of BMZ.
3
This figure shows cofinancing arrangements for the projects commissioned by the other German public sector clients (with the exception of BMZ).
4
This figure shows income from micro measures in the public-benefit area and allocations.
EUR 225 million
income from the International Climate Initiative (IKI)
(2023: EUR 171 million)

Total operating performance of International Services

As at 31 December 2024 (2023)
in EUR million1

265

Total operating performance of GIZ International Services by financier (2023: 247)

  • European Union 68
  • Bilateral and multilateral funding providers 12
  • Private sector 16
  • National governments5 8
  • German public sector clients6 159
  • Other 2
1
All values shown without decimal places. There may therefore be rounding differences.
5
Includes financing bodies that use funds from the budget of a country in which we operate.
6
Covers all German public sector clients including federal ministries but in the case of InS also the German Aerospace Center (DLR), for instance.
Story | Our work
Coveted raw materials, fairly sourced
In the field of raw material supply chains, International Services is working on behalf of several large German companies in Chile to support the sustainable sourcing of lithium.
Learn more
A group of people in protective clothing standing in front of a vast salt flat with evaporation ponds in a mountainous area.

Partners and cofinanciers: achieving more together

EUR
747 million
cofinancing in the public-benefit business area
(2023: EUR 634 million)

Driving advances in energy supply, promoting employment, supporting social protection and facilitating education and training reform: we are increasingly doing all of these things on behalf of multiple funding providers. In 2024, income from cofinancing totalled around EUR 748 million for the public-benefit business area. This amount has increased by about 47 per cent in the last five years (2020: EUR 508 million).

of which EUR
495 million
cofinancing from the European Union in the public-benefit business area
(2023: EUR 396 million)
Profilepicture of Paz Velasco Velazquez
In this interview, Paz Velasco Velazquez from the European Commission talks about cooperation with GIZ on employment promotion for the green transformation in Africa.
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Focus on climate and energy

EUR
1.3 billion
income in the climate and energy business sector in the public-benefit business area
(2023: EUR 1.2 billion)
Governance | Comprehensive solutions
Forward thinking for greater impact
Learn more about how we are facilitating access to sustainable energy for people in more than 20 countries.
Learn more
A man working in a field at a yellow water pump; next to it is a table with a solar panel and two tomatoes on it.

Working with third parties

EUR 1.9 billion
in contracts awarded to third parties
(2023: EUR 1.9 billion)

By cooperating with third parties, including advisory firms, consultants, suppliers and international and local non-profit organisations, and drawing on their expertise, we can increase the impact of our work and the effectiveness of implementation. In 2024, GIZ awarded contracts worth a total of some EUR 1.9 billion to sub-contractors and recipients of financing (2023: EUR 1.9 billion). About 80 per cent of these contracts were awarded by GIZ’s Head Office in 2024, with the other 20 per cent placed by the field structure.

Detailed information on GIZ’s financial position and income and a look ahead to 2025 can be found in the Annual Statement of Accounts, which will be published in mid-July.

Other parts of the report

Annual Statement of Accounts 2024
GIZ’s Annual Statement of Accounts gives details about the company’s business areas and its assets, financial position and income.
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Staff in figures
As of 31 December 2024, GIZ employed over 24,500 staff. Learn more about the members of our workforce here.
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GIZ works
Every year, we collect data on what we have been able to change together with our commissioning parties and partners. Looking back on 2024, it is clear once again that our work produces results.
Learn more