On Wednesday 10 April 2019, Rémy Rioux, Chief Executive Officer of Agence Française de Développement (AFD), presented the Group’s 2018 results, up €1 billion on the previous year. In this dynamic context for inclusive investment, AFD is enhancing the evaluation of its action.
0.7% is the share of gross national income (GNI) that the world’s richest countries should allocate to official development assistance (ODA) each year. Although the target was set 50 years ago, only a few countries have ever met it. Following the release of the global ODA figures for 2018, we take a look at the origins of a figure that is central to international solidarity mechanisms.
Since 2016, Agence Française de Développement (AFD) has been helping countries set up effective, responsible, and open institutions at all levels.
Here, Hélène N’Garnim-Ganga, Director of AFD’s Political and Citizenship Transition Department, explains why this new field of intervention is essential.
On April 4 in Chiang Rai, Thailand, AFD joined forces with the Asian Development Bank (ADB) to launch the ASEAN Catalytic Green Finance Facility. This initiative aims to generate more than $1 billion worth of investments in green and climate-compatible investments in countries belonging to the Association of Southeast Asian Nations (ASEAN).