The Kreditanstalt für Wiederaufbau (KfW) is an international organisation that works together with its partners in developing countries in order to identify projects/programmes which promote sustainable development. With a development mandate that receives funding from both public and private sector organisations, KfW’s activities largely focus on climate change adaptation and mitigation activities. These activities include improving water supply, securing food provision, increasing energy efficiency, employing renewable energies and others. The climate finance activities of KfW include a range of financial instruments, including grants, loans, equity and guarantees. Building on its existing knowledge, experience and tools, KfW sought accreditation to the GCF in order to develop projects and programmes, including the targeted mobilisation of private finance through risk mitigation mechanisms, and the setting up of project development facilities and structured investment funds. KfW sought accreditation in order to expand and develop additional adaptation projects and programmes focused on ecosystem-based adaptation, natural hazard early warning systems, climate risk insurances as well as urban flood protection infrastructure.