KfW Development Bank is one of the world’s leading development finance institutions and is part of KfW Group, owned by the Federal Republic of Germany. In Latin America and the Caribbean, KfW finances projects focusing on climate protection, renewable energy, biodiversity, water and sanitation, sustainable urban development, and the strengthening of public institutions. Financial Cooperation (FC) is implemented in close partnership with governments, development banks, and regional organizations. The overall objective is to support sustainable economic, social, and environmental development while contributing to climate change mitigation and adaptation.