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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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3 Questions for…

“Mexico is on its way to a major climate transition” – Jean-Baptiste Sabatié

Jean-Baptiste Sabatié : « On estime à 1 milliard d’euros le coût du réchauffement climatique pour le Mexique », AFD
On March 20, AFD and the Mexican Finance Ministry signed a new public policy loan agreement. This loan from AFD also marks the official start of a green and inclusive support program for Mexico. In a country hit hard by climate change, what are the issues being addressed by this program?

We find out in this interview with Jean-Baptiste Sabatié, Regional Director of AFD Mexico, Cuba and Central America, based in Mexico City.
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Key Figure

AFD: Working to provide 18 million people with better Healthcare

AFD Healthcare worth more than 18 million euros
The numbers are in. For the year 2019, Agence Française de Développement committed €545 million to support health and social protection worldwide, with the aim of improving access to healthcare for 18.5 million people. With Coronavirus spreading by the day, the hope is that this funding will contribute to the support and healthcare equipment desperately needed across the developing world.
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In brief

Indonesia: Tackling Plastic and Marine Debris

Ocean rubbish in Indonesia AFD
For a country consisting of 17,000 islands and dependent on the sea around them, it’s an environmental crisis: Indonesia’s waters are full of plastic. It’s time to turn the tide. On 12 March, the Indonesian Ministry of Maritime Affairs and Fisheries, IRD and AFD signed an agreement aiming to raise awareness of the causes of marine debris, its effects at sea, and ways to reduce the pollution.
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AFD News

Coronavirus: The AFD Group Takes Action

logo fond
In the face of the coronavirus pandemic, the AFD Group has adapted its operational activities and human resources. The group is working on a response aimed at limiting any health-related or economic damage in the countries where it operates.
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3 Questions for…

“The FGEF Has Been Innovation for the Environment for 25 Years”: Stéphanie Bouziges-Eschmann

The French Global Environment Facility (FGEF) was launched after the first Earth Summit, in 1994. Since then, it has worked towards one singular goal: to create synergies between environmental preservation and sustainable development in local communities. This has been achieved through innovation and a collaborative approach to problem-solving, says the fund’s Secretary-General, Stéphanie Bouziges-Eschmann.
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In Bangladesh, Smart Grids Provide Over a Million People With Access to Electricity

Bangladesh, smart grid
François Lhomme is an expert in intelligent electrical networks (“smart grids”) and a project team leader in the Energy Division of Agence Française de Développement (AFD). Here he describes the merits of digital technology in the energy sector. He also tells us about the ambitious project that AFD launched in Bangladesh in 2019, with the support of the European Union.
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AFD News

AFD new 1bn euro 5-year climate bond

image générique AFD
Monday February the 10th, the Agence Française de Developpement rated AA (S&P) / AA (Fitch), succefully issued a 1 billion euro Climate Bond maturing 25 March 2025. It is the biggest climate bond issued by AFD since its inaugural in 2014.
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12 African Cities making the Digital Transition

Agence Française de Développement (AFD) is supporting 12 African cities in their effort to make the transition to digital platforms. The municipalities’ aim is to collectively develop and share skills in digital services across sectors - to become sustainable smart cities.
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AFD News

Sports and Sustainable Development: AFD and Paris 2024

Paris 2024 - AFD, partnership
Sports and sustainable development – it’s a powerful combination taking flight in France and around the world. Rémy Rioux, Chief Executive Officer of Agence Française de Développement and Tony Estanguet, President of the Organizing Committee for the Paris 2024 Olympic and Paralympic Games, signed an agreement today to cooperate on sports and development projects across a number of countries.
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Aquaculture in Zanzibar: Providing Work and Protecting the Coastline

A Shared Vision Of Zanzibar's Coastline, Tanzania
On the Zanzibar Archipelago, an ambitious pilot project aims to help coastal communities preserve natural resources while they make a living. Among them are aquaculture farmers specializing in seaweed production. It’s all part of the AquaCoCo project – Aquaculture, Coastal Communities and Conservation – which aims to give locals an invested interest in managing shared – and fragile – ecosystems.
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AFD News

The NBA, AFD and a brand new BASKETBALL AFRICA LEAGUE: Sports and Development

NBA, Basketball Africa League and AFD: Developing Sport
The day before the January 24 game between the Milwaukee Bucks and the Charlotte Hornets, the NBA and AFD held a press conference in Paris, marking the launch of a new league that will span the African continent: the Basketball Africa League. And with Agence française de développement, the League will be involved in important development initiatives.
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AFD News

A partnership with Blackrock to direct investment into greener finance in developing countries

Jordanie, panneaux solaires
The Climate Finance Partnership (CFP) was first announced on 22 January and aims to direct capital into climate-related projects in developing countries. The fund brings together BlackRock, the world leader in asset management, Agence Française de Développement (AFD), the German Ministry for the Environment and the Hewlett and Grantham foundations.
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On the Ground

Syrian Children Displaced in Lebanon: Sarah Rediscovers her Childhood

Syria, Lebanon, children, psychological disorders
Fleeing war, displaced Syrian families suffer from a range of psychological disorders. Particularly children. NGOs Insan Association and Terre des Hommes, supported by Agence Française de Développement (AFD), are using a variety of therapies to help them deal with trauma. Ten year-old Sarah is among those severely affected. But thanks to timely, effective intervention, she is turning the page on a dark chapter that began with rampant violence, desperate flight and displacement.
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AFD News

E-Governance: French Expertise Mobilized in Vietnam

E-Governance: French Expertise Mobilized in Vietnam
Moving government business into the digital realm has been a long-standing priority for Vietnam. Since 2015, the government has stepped up its modernization and digitization efforts in an attempt to improve government services. Along with Expertise France, Agence Française de Développement (AFD) supports the Vietnamese authorities in making this happen.
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Ten Years After the Earthquake, Haiti is on the Long Road to Reconstruction

Ten years after the earthquake, Haiti is on the long road to reconstruction
A decade has passed since the earthquake that devastated Haiti in January 2010. This marks an opportunity for Agence Française de Développement (AFD), which has been present on the island since 1976, to compile a progress report on its initiatives in support of the country's reconstruction.
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