The alliance with Caisse des Dépôts marks a new phase in the life of AFD. The driving force of this partnership is the Sustainable Development Goals (SDGs), which have become the common guide for public action in France and abroad.
The strategic alliance charter with Caisse des dépôts et consignations (CDC) was signed on 6 December 2016, during AFD's 75th anniversary celebrations. The charter defines the details of the cooperation between AFD and CDC for the next five years, which will "enable France to have a powerful and coherent system for sustainable development financing, in France as well as abroad," as AFD Chief Executive Officer Rémy Rioux explains.
The two institutions already have significant similarities. Both make long-term investments to serve public interest, and they work in the same sectors: infrastructures, urban development, energies (especially renewable ones), housing, and business support. And both are providing support during the great transitions at work. Their method is above all one of partnership. Bringing them into alliance is a means of strengthening development and solidarity policy in France and abroad.
Before its strategic alliance was concluded, the new couple identified 11 priority fields for collaboration. These include energy and ecological transition, digital technology, innovation, social and inclusive economy, knowledge production, and urban development. Since then, experts from CDC and AFT have been working on concrete proposals in all these fields. Their networks and the experts are connecting together little by little.