Manages foreign trade, economic development, and energy efficiency programs.
The Bundesamt für Wirtschaft und Ausfuhrkontrolle (BAFA) is a German federal authority responsible for various administrative tasks in foreign trade, economic development, and energy. It operates under the Federal Ministry for Economic Affairs and Energy. BAFA's key focus areas include export control, implementing energy efficiency and renewable energy programs, managing subsidies for businesses, and overseeing compliance with the German Supply Chain Due Diligence Act. The agency plays a crucial role in licensing exports, particularly for dual-use goods and arms, and enforcing trade sanctions. In the energy sector, BAFA administers programs promoting renewable energy use, energy efficiency, and crisis-contingency measures in the oil sector. It also supports small and medium-sized enterprises through various funding initiatives aimed at improving competitiveness and management consulting. While specific financial resources and typical project financing amounts are not readily available, BAFA manages numerous funding programs. Criteria for receiving funding vary depending on the specific program but generally involve adherence to energy efficiency standards, export control regulations, or supply chain due diligence requirements. Recent initiatives include implementing the Supply Chain Due Diligence Act, which requires large German companies to monitor human rights and environmental standards in their supply chains, and administering energy efficiency incentives for businesses and households.