Approach
The project pursues the holistic approach to reducing IFFs adopted by the German Federal Ministry for Economic Cooperation and Development (BMZ). This approach involves preventing IFFs, supporting financial investigations and recovering stolen assets.
Working with global and regional authorities and organisations, the project devises new approaches, tools and strategies to combat IFFs. Criminals are constantly developing and using new methods to conceal the illicit origin of financial flows. In this rapidly changing landscape, the tools for combating IFFs need to be updated constantly too. The project supports these innovations in partnership with those responsible on a global and regional level.
It also fosters cross-regional exchange between institutions and networks. Through the exchange formats developed by the project, good practice can be shared and rolled out on a large scale. To this end, the project collects regional and global learning experiences from both partners and the implementation of German development cooperation, processes them and shares them in the global discussion to promote a holistic, coordinated approach to curbing IFFs.
Last update: February 2025
