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The AFD operates in Cambodia since 1993.

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AFD
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In Cambodia, the main target sectors for AFD intervention are agriculture, infrastructures, the productive sector and vocational training.

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The projects

News

€7.8 Billion in Commitments Makes 2013 a Record Year for AFD: Funding Up 8%

26/05/2014

Anne Paugam, chief executive of AFD (Agence Française de Développement), today announced an increase in the French development agency’s 2013 financing commitments to the record level of €7.8 billion. The Agency’s 2013 annual report presentation outlined a transitional year, highlighted by a national Solidarity Summit and new foreign-aid guidelines set out by France’s Interministerial Council for Cooperation and Development (or CICID).

 

Sub-Saharan Africa the Priority in a Year of Growth

In 2013, AFD financing commitments, primarily loans, reached €7.8 billion, an 8% increase over 2012. Sub-Saharan Africa remains AFD’s priority region, receiving a record €2.8 million in aid; this represented 46% of all foreign aid and 37% of all AFD financing commitments. Rural and urban development, natural resource preservation and professional training projects count among the Agency’s primary efforts in the region.
 

 


An Increase in Commitments to Fight Climate Disruption

AFD is deeply committed to fighting climate disruption: 50% of its financing has a “co-benefit” for the climate. In 2013, this meant investing €2.4 billion in 77 projects that advanced development while fighting climate change and disruptions.

AFD Financing Benefits People and the Planet

Every year, the Agency’s work delivers increasingly greater impacts. AFD projects underway in 2013 had the following effects:

  • 1.5 million people gained access to a reliable source of drinking water
  • 411,000 people enjoyed improved sanitation services
  • 1 million slum dwellers resided in better and safer housing
  • 450,000 children received primary and elementary schooling
  • 32,000 youths attended vocational- or professional-training courses
  • 878,000 family farms received support
  • 73,000 small businesses received funding
  • 35 million passengers annually used new or modernized mass transit systems
  • 30 million hectares were protected by biodiversity-conservation and sustainable resource-management programs.  New projects financed in 2013 will help fight climate disruption by reducing greenhouse gas emissions, abating 3.3 million metric tons of carbon dioxide equivalent per year.


A Vast Network of Partners to Meet the Needs of the Developing World

AFD finds it increasingly important to work with other development partners: French local governments and companies, the European Union, and other donors. All these partners help conceive and execute aid projects that are better tailored to in-country needs. In 2013, AFD provided grants worth €48.7 million to finance 73 projects conducted by 56 civil society organizations, and joined other donors to cofinance 37 projects totaling €1.7 billion.

Anne Paugam, chief executive of AFD, stated: “In 2013, AFD committed €7.8 billion to serve development and a fairer and better-regulated globalization. Even as globalization has lifted millions out of extreme poverty, it has also aggravated all kinds of tensions and imbalances. In my view, AFD serves as France’s premiere instrument to address these issues: in Africa’s poorest countries, we fight poverty; in emerging countries, we are more focused on fighting climate change. However, the heart of our mission remains the same: to foster economically, socially, and environmentally sustainable development in the mutual interest of the developed and the developing world.”                               
 



05/03/2014


 
   
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