The Federal Ministry for Economic Affairs and Climate Action (German: Bundesministerium für Wirtschaft und Klimaschutz, pronounced [ˈbʊndəsminɪsˌteːʁiʊm fyːɐ ˈvɪʁtʃaft ʊnt ˈkliːmaˌʃʊts] ⓘ), abbreviated BMWK (was BMWi), is a cabinet-level ministry of the Federal Republic of Germany.
In postwar occupied Germany, its functions were exercised by the Administrative Office of Economy (German: Verwaltungsamt für Wirtschaft) between 1946 and 1949.
This transformations aimed to consolidate the policy-fields of economics and labour market, on which the second term of chancellor Gerhard Schröder wanted to focus, into one hand.
The creation of the new Ministry was widely seen as failed, basically because of the poor performance of the only office-holder Wolfgang Clement.
Under the following grand coalition headed by Angela Merkel, the portfolio reshuffle was reversed, and the old Federal Ministries of Economics and Technology, of Labour and Social Affairs and of Health were created once again as Federal Ministry of Economics and Technology.