Administers foreign trade, promotes economic development, and energy efficiency.
The Bundesamt für Wirtschaft und Ausfuhrkontrolle (BAFA) is a German federal authority responsible for administrative tasks in foreign trade, promotion of economic development, and energy. It is subordinated to the Federal Ministry for Economic Affairs and Energy (BMWi). The BAFA's focus areas include the enforcement of export controls, promotion of renewable energies, energy efficiency, and crisis-contingency measures in the oil sector. It also oversees German exports, particularly in the areas of weaponry and dual-use technology, ensuring compliance with international regulations and embargos. In terms of financial resources and project financing, specific data could not be found. However, it is known that the BAFA provides various forms of support and funding for projects related to energy efficiency and renewable energy, such as incentives for cogeneration and professional certification for energy conservation consultants. Recent projects or organisations financed by the BAFA are not specified in the available sources. However, the BAFA plays a crucial role in enforcing the Supply Chain Act, which requires German enterprises to respect human rights in global supply chains, and it has far-reaching supervisory powers to monitor compliance.