Federal Ministry for Economic Affairs and Climate Action

Federal Ministry for Economic Affairs and Climate Action

Bundesministerium für Wirtschaft und Klimaschutz (BMWK)
Agency overview
Formed	23 October 1917 as the Reichswirtschaftsamt
Jurisdiction	Government of Germany
Headquarters	Berlin/Bonn
Employees	2,187
Annual budget	€10.434 billion (2021)[1]
Minister responsible	Robert Habeck, Federal Minister for Economic Affairs and Climate Action
Website	www.bmwk.de

The Federal Ministry for Economic Affairs and Climate Action (German: Bundesministerium für Wirtschaft und Klimaschutz, pronounced [ˈbʊndəsminɪsˌteːʁiʊm fyːɐ̯ ˈvɪʁtʃaft ʊnt ˈkliːmaˌʃʊt͡s] ^ⓘ), abbreviated BMWK (was BMWi), is a cabinet-level ministry of the Federal Republic of Germany. It was previously known as the "Ministry of Economy". It was recreated in 2005 as "Ministry of Economics and Technology" after it had previously been merged with other ministries to form the Federal Ministry for Economics and Labour between 2002 and 2005. The ministry is advised by the Council of Advisors on Digital Economy.