With a population of 77 million inhabitants, GDP at USD 800bn (making it the 18th largest economy in the world in 2014) and annual per capita income higher than USD 10,000, Turkey is experiencing remarkable economic and social development. It is an emerging power in the Euro-Mediterranean region, as well as a member of the OECD and “G20” Economic Forum (Presidency in 2015), and a candidate for EU membership. The country is located in a strategic position at the crossroads of Europe, Asia and the Middle East.

In order to meet the challenges posed by employ- ment, energy and the environment, combined with marked regional disparities, Turkey has embarked on a path of more inclusive and low-carbon growth, fully integrating the place of people in society.

The country ratified the Kyoto Protocol in 2009, has adopted a strategy to combat climate change, and renewed its commitment to sustainable development at the United Nations Rio+20 Conference.

The cooperation between France and Turkey is based on a long-standing relationship, close consultation othe major issues of international and regional agendas, and significant levels of trade. A framework agreement on bilateral cooperation for environmental protection was signed in 1996.


Invest in Vocational training for Water Supply Sustainability


Represented by Mr. David Willecomme, Project Manager in the field of sustainable urban development and environment, the French Development Agency (AFD) was invited to present the role of a development bank at the side-event about vocational training for a sustainable water supply organized by the French Mediterranean Network of Water Training Centers Aqua forMed Network on the 28th of May 2014 at the occasion of the 3rd International Water Forum in Istanbul.

Other panelists such as Mr. Samir Bensaid Managing Director of the Institute for Water and Sanitation of Rabat (IEA), Mr. Jean-François Donzier, Managing Director International Office for Water (IO-Water), Mr. Doyen Laurent, Managing Director of the Interdistrict Satellite of in Water Sanitation of the Paris Region (SIAA) and Mr. Fatih Yildiz, Head of Department Istanbul Water and Sewerage Administration (ISKI) have also participated.

Beyond its financial support to sustainable development projects, AFD is also active in assistang executives in their capacity building on different sectors through different partnerships (such as AgroTech Paris in the domain of water management) and its training centre CEFEB located in Marseille (centre of financial, economic, banking studies).

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


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.”                               

AFD engaged once again to finance Urban Transport in Izmir


On Wednesday the 10th of March 2014, Aziz Kocaoğlu, Mayor of the Metropolitan Municipality of Izmir, the French Agency for Development (AFD), the International Finance Corporation (IFC) and ING Bank (guaranteed by MİGA) have signed credit agreements for financing two new tramway lines project in the presence of high level representatives of each lender. This funding coordinated by IFC which the amount is 165 M€ reunites the engagements of IFC, AFD and ING Bank.

These two project which the global implementation is estimated at 243 M€ are the part of a broader urban transport program materialized in the city’s transport master plan (2010-2030) which paves the way for a low carbon urban development.

 This new financial cooperation is following the first lending of 159 M€ granted in 2013 by the three institutions in order to strengthen the sea transportation of Izmir.

Within the framework of this parallel lending, AFD, IFC and ING, finance equally two new tramway lines which will replace the existing bus lines in Konak et Karşıyaka along the bay of Izmir. With respectively 9, 5 km and 12, 3 km in length, these two lines will be able to relieve the bus network in easing access to the city historical center for residents living in the outskirts of the bay.

This new transportation fast, reliable, comfortable, and environment-friendly will offer an alternative solution to the use of private vehicles. The implementation of the project should allow avoiding Greenhouse Gas (GHG) emissions up to 59 kiloton’s of CO2. The strengthening of the urban transportation will improve the city’s quality of life on the long term.

For more information about AFD's projects in Turkey, please click here

Sustainability and the Banking Sector – conference to be held on February 28st 2014


For almost 8 years, the French Development Agency (AFD) has been engaged in the promotion and financing of Corporate and Social Responsibility (CSR) projects in Turkey through the development of partnerships with financial institutions. A first credit facility agreement specifically dedicated to CSR was signed in 2007 between AFD and TEB and was complemented by an ambitious technical assistance program. The interest of the Turkish banks for CSR has been increasing ever since, along with their expertise, and AFD has been able to sign two more credit facility agreements dedicated to this topic.


In order to give new momentum to CSR and to identify actions to be carried out in the next future, AFD will co-organize with the UN Global Compact Network in Turkey a conference whose aim is to clarify the link between economic performance and sustainability in the banking sector. This event will be held on the 28st of February 2014 and will gather high executive managers from local banks and financial institutions as well as international experts on the topic of responsible banking. Issues such as CSR reporting, Environmental and Social Risk Management systems as well as Sustainable Index on stock markets will be discussed by the panellists.

The full programme will be released shortly. Places are limited and registration is required. Attendance is free of charge. RSVP: info@globalcompactturkiye.org

more information and downloadable presentations on this link

AFD renews its financial support for Turkey’s proactive forestry policy


The size of Turkey’s forest areas (27% of the country) makes it the largest forest nation in the Southern Mediterranean. The country is bearing the brunt of the impacts related to climate change in the region. AFD’s new loan will support reforestation and restoration activities for some 6 ha of degraded forests.

A highly proactive policy…
In Turkey, the impacts of climate change, linked to the industrial and urban development engendered by strong economic growth, lead to a continuing degradation of forest areas and one of the highest levels of erosion in the world.



Faced with these risks, in 2008, Turkey launched a highly proactive reforestation policy. The Turkish General Directorate of Forestry has thus set the target of achieving 23 million ha of forest cover by 2023 and is implementing a proactive reforestation policy that makes Turkey one of the world’s most active countries in this field. Over 400,000 ha of forests have been restored every year since 2008 via a national program, which also includes substantial efforts to control risks of erosion and fire risks.
…supported by AFD since 2011
AFD has been supporting this ambitious program since 2011. A EUR 150m loan – the second of its kind – was signed on 27 January and will support the investments made by the Turkish General Directorate of Forestry.


This loan will contribute to the reforestation of some 380,000 ha, the restoration of some 310,000 ha of degraded forests, and works to control erosion on over 650,000 ha. It also supports DGF’s efforts to develop its forest management model from an approach mainly based on wood production to an integration of the wide range of economic and social goods and services rendered by forests. For example, AFD is supporting the multifunctional development of over 36,000 ha, as well as inventories of forest biodiversity which, despite its exceptional nature – Turkey’s biological diversity exceeds that of the European continent – is still not very well known.

Generating income for rural communities
The loan supports the sustainable development of regions and comprises a specific component to assist the local development missions of the General Directorate of Forestry. This will benefit the 10% of Turkey’s population that lives in or around forests and who are the poorest in the country.
These actions aim to develop income-generating activities in rural areas (support for local entrepreneurship and craftsmanship, agricultural activities and education), or to give these communities greater access to renewable energies that do not have an impact on forests (solar energy for example). They are expected to create over 50,000 rural jobs.

signature officielle

The EUR 150m financing agreement was signed by the Turkish Treasury and AFD on the sidelines of French President François Hollande’s first visit to Turkey.
This agreement has been made alongside the European Investment Bank (EIB) and strengthens bilateral relations between France and Turkey on a major environmental issue in the Mediterranean region


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