Cotopaxi volcano (5897 metres) in Ecuador
Copyright© Buster and Bobby, via flickr, CC BY-NC-SA 2.0
Ecuador
Ecuador’s economy continues to depend on exploiting its mineral resources (especially oil, gold and copper) and on exporting agricultural products (bananas and cocoa) and seafood.
Its government faces the task of improving the security situation and building an environmentally viable, socially just economic model.
German development cooperation with Ecuador
Germany is one of Ecuador’s most important bilateral development cooperation partners. At the government negotiations held in October 2024, the Federal Ministry for Economic Cooperation and Development (BMZ) committed 93.5 million euros in new funding for Ecuador.
Germany’s development cooperation with Ecuador focuses on three core areas:
- Conserving nature and natural resources, protecting life on Earth
Areas of intervention: biodiversity and forests - Peaceful and inclusive societies
Areas of intervention: good governance, and displacement and migration - Climate and energy, just transition
Area of intervention: sustainable urban development
In addition, Ecuador benefits from several projects with which the BMZ supports the region through a cross-border approach, and from two Team Europe Initiatives of the European Union.
SDG trends for Ecuador
- On track or maintaining SDG achievement
- Moderately improving
- Stagnating
- Decreasing
- Trend information unavailable