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TheDeutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) launched the CINEMA fairbindet award (a play on words in German that roughly translates as ‘cinema connects fairly’) on behalf of Germany's Federal Ministry for Economic Cooperation and Development in 2011.
PEGNet was founded in 2005 as a joint initiative of the Kiel Institute for the World Economy (IfW), Germany's Federal Ministry for Economic Cooperation and Development (BMZ), its implementing agencies GIZ and KfW Entwicklungsbank as well as the universities of Göttingen and Frankfurt.