Fighting social and territorial inequalities
Supporting economic development in Polynesia
Accelerating the energy transition
Set in the middle of the Pacific Ocean, more than 17,000 km from its home country, French Polynesia is an overseas territory as vast as Europe but sparsely populated (fewer than 300,000 inhabitants). Its 121 islands and atolls, 67 of which are inhabited, are grouped into five archipelagos and are home to exceptional biodiversity.
Boosted by the activity of the Pacific Experimentation Centre between 1962 and 1996, the Polynesian economy had to find a new direction after the cessation of nuclear testing. But the fragmentation of its territory and its geographical remoteness isolate it from major markets and from France, which handicaps its economic activity.
However, Polynesia also has great possibilities: a vast surface area of 5.5 million square kilometers and terrific tourist potential. Not forgetting the blue economy: although fishing (protected by a vast exclusive economic zone) and pearl farming have already proven their worth, the maritime potential is still underexploited.
The challenge for the community is to ensure that development is shared equitably. It must find ways to reduce inequality, resolve the unemployment crisis (currently 21.8%) and develop infrastructure.
AFD is a leading partner of French Polynesia. It works together with the private and public sectors to foster economic, social and environmental development, using appropriate tools such as loans, guarantees and advisory support.
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At the Interministerial Committee for International Cooperation and Development (CICID) on February...