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AFD News

Finance as a Fulcrum for change

Development depends on various kinds of finance, from grants to investment. AFD Group has begun to develop a number of incentive loans, where pricing is indexed to the progress made by borrowers in terms of their environmental, social, and governance (ESG) practices. This not only allows AFD to continue to fund a large number of projects; it provides additional incentives to make sure development projects are fully sustainable.
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AFD News

AFD and Civil Society Organizations: a Prolific Partnership

Play, sport, NGOs, Play International, Civil Society
Since 2009, AFD has been supporting international development and solidarity projects through “Initiatives-CSO”: a partnership with Civil Society Organizations that has helped millions. We take a closer look at this partnership and its impact.
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Mounssif Aderkaoui: “The partnership between Morocco and AFD aims to build an inclusive economy that is resilient to climate change"

Ouarzazate, Morocco
Morocco is reflecting on its development model with a view to meeting the Sustainable Development Goals by 2030. Mounssif Aderkaoui, Director of Studies at the Ministry for the Economy and Finance of the Kingdom of Morocco, sets out some of the central themes of the dialogue with AFD, from the impact of climate change to reducing inequalities.
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New Debt Reduction-Development Contract: With the DRC Long Term

Africa, RDC, water
On November 12, 2019, France and the Democratic Republic of Congo signed a new Debt Reduction-Development Contract (C2D) under the auspices of their respective leaders. This innovative debt restructuring mechanism is used to consolidate and pursue multiple high-priority development projects. Explanation.
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In brief

Protecting the Congo’s Forests – and the Planet’s Air

West and Central African forests
The Democratic Republic of Congo lost more forest cover last year than any other country in the world except for Brazil. It’s the continuation of more than a decade of forest loss, mainly due to slash and burn agriculture. On 26 November, AFD signed an agreement with the Congolese Government to support sustainable agriculture in the country’s savannas and degraded forests. The project – financed by a €13.5 million fund delegation from the Central African Forest Initiative – seeks to protect tree cover as both a precious natural habitat, and a bulwark against CO2 emissions.
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Health and Energy Efficiency: Towards Greener Hospitals

Senegal, Health center, hospitals, energy
Healthcare infrastructure is designed differently from other buildings, requiring enormous amounts of energy. From hospitals to health clinics, construction projects must better address questions of energy efficiency. Tunisia and Senegal provide examples of the work being done to make these buildings greener, so the health sector contributes less to global warming.
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