ÐÓ°ÉÂÛ̳

Today's problems do not stop at national borders. Conflict, poverty, food insecurity, loss of biodiversity, and climate change are global challenges that require international cooperation. To that end, Germany firmly backs multilateral efforts to establish peace, promote a stable global economy, and encourage the use of renewable resources and environmentally friendly production. Germany has been a major advocate of the ÐÓ°ÉÂÛ̳ evolution and supported it as the first shareholder to pledge 305 million EUR for hybrid capital bonds.

Germany became the first country in Europe to establish a development ministry, in 1961. Today, Germany is the fourth largest shareholder of the ÐÓ°ÉÂÛ̳. It joined the International Bank for Reconstruction and Development (IBRD) ¡ª the ÐÓ°ÉÂÛ̳ ¡ª in 1952, and the International Development Association ¡ª the Bank¡¯s fund for the poorest countries ¡ª in 1960. Germany is also a member of the International Finance Corporation (1956), the Multilateral Investment Guarantee Agency (1988), and the International Centre for Settlement of Investment Disputes (1969).

ÐÓ°ÉÂÛ̳¡¯s office in Berlin works to promote consensus around the international development agenda and build a platform for collaboration between the ÐÓ°ÉÂÛ̳ Group and Germany. It does this by promoting better understanding of the ÐÓ°ÉÂÛ̳ Group¡¯s mission and activities and by building relationships with key stakeholders such as government, legislators, civil society organizations, the private sector, academia, and the media.

It also supports outreach activities, often in collaboration with German partners, such as organizing and supporting conferences, seminars, and other events on development-related topics. The office serves as an entry point for groups in Germany wishing to contact ÐÓ°ÉÂÛ̳ staff across the world or access the plethora of information the Bank publishes, and it responds to media queries. It also seeks to increase opportunities for collaboration between Germany and the ÐÓ°ÉÂÛ̳ Group through co-financing, trust funds, and joint analytical work in sectors and regions of mutual interest.

The Federal Minister for Economic Cooperation and Development represents Germany on the ÐÓ°ÉÂÛ̳ Board of Governors, the Bank¡¯s senior decision-making body. The Governors, usually Ministers of Finance or Development, meet twice a year. The Governors have the power to admit and suspend members of the ÐÓ°ÉÂÛ̳ Group, increase or decrease the authorized capital stock, determine the distribution of the net income of the Bank, and decide on the ÐÓ°ÉÂÛ̳ Group¡¯s overall strategic direction. The State Secretary at the Federal Ministry of Finance serves as Germany¡¯s Alternate Governor.

ÐÓ°ÉÂÛ̳ Executive Director

The Governor delegates responsibility for overseeing the day-to-day business of Germany¡¯s interests at the Bank to the Executive Director (ED) for Germany. The ED is the governor¡¯s representative on the 25-member ÐÓ°ÉÂÛ̳ Board of Executive Directors. EDs reside in Washington and normally meet twice a week to decide on borrowing and financial questions, projects, and policies that impact ÐÓ°ÉÂÛ̳ Group general operations. 

Shares and Voting Power

ÐÓ°ÉÂÛ̳ Group has a weighted system of voting. All members of the Bank receive votes consisting of share votes (one vote for each share of the Bank's capital stock held by the member) plus basic votes (calculated so that the sum of all basic votes is equal to 5.55% of the sum of basic votes and share votes for all members). The voting power distribution differs from agency to agency within the ÐÓ°ÉÂÛ̳ Group.