Publications and media
International Financial Architecture and Financial Engineering for the Climate and Nature
The COP climate and biodiversity negotiations often focus on the issue of the financial resources that are mobilized or need to be mobilized for action and investment related to the climate or biodive...
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Peru: in need of fresh stimulus
Driven by the boom in its mining sector and its rigorous macroeconomic policies, since the early 2000s Peru has experienced a period of spectacular development, described as the “Peruvian Miracle”. No...
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Climate-financial trap: an empirical approach to detecting situations of double vulnerability
The present study proposes to build a systematic approach to detecting and specifying situations of double vulnerability. Double vulnerability refers to a situation where a country combines climate an...
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Infographic – Our Activity to Support Financial Systems in 2022
Actors in the financial system play a key role in the achievement of the Sustainable Development Goals (SDGs) and the fight against climate change. AFD Group’s action aims to help build inclusive, sus...
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Financial Systems – 2022 Activity Report
Financial systems play a central role in development trajectories. When financial activities are disrupted by underlying weaknesses, crises can result, with devastating effects. Conversely, when the f...
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MacroDev - Semestrial Panorama 2023 #2
Since the last edition of our publication MacroDev Semestrial in February 2023, international economic developments have remained eventful and intense, against the backdrop of the continued global geo...
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Evaluation Highlights: In Tunisia, the emergence of a sustainable microfinance sector
Microcredit is a key tool in Tunisia for promoting the financial and economic inclusion of the most disadvantaged people, in both urban and rural areas. AFD Group has been working since 2011 to suppor...
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Counter-cyclical Responses: How Development Banks helped the Covid-19 Recovery, and Lessons for the Future
The objective of this paper is to shed light on the crucial and varied counter-cyclical roles played by development banks across the globe during the COVID-19 pandemic, and lessons learned for future...
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Evaluation of AFD - Bank of Kigali projects (2011 – 2022), Rwanda (CRW1023-CRW1045-CRW1046)
The overall objectives of the projects with Bank of Kigali were to support the expansion in the bank’s corporate loan portfolio, specifically to Micro Small and Medium Enterprises (MSMEs), by reducing...
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How can accounting reformulate the debate on natural capital and help implement its ecological approach?
This paper shows that the mainstream usage of ‘natural capital’ (NC) is incompatible with an ecological approach. It argues that accounting is relevant for (re)structuring the debate around NC and imp...
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MacroDev - Semestrial Panorama 2023 #1
The dual shock of the health crisis and the war in Ukraine has pushed up inflation to an extent not seen in developed countries since the 1979 oil shock and the Iran-Iraq war. This shock has put an en...
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Looking back at 15 years of AFD support for geographical indications: what contribution to sustainable develop...
There is a long history behind the use of origin marking. Producers and consumers are familiar with products such as Parma ham, Darjeeling tea, Colombian coffee or Champagne. These are just some examp...
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From Multi- to National- and Back Again: Realizing the SDG Potential of Public Development Banks
Public multilateral (MDBs) and national development banks (NDBs) are already working to advance the 2030 Sustainable Development Goals (SDGs). But can they do more to help deliver finance at the righ...
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Biodiversity and financial instability with Julien Calas
The collapse of biodiversity threatens the financial system because there are two types of crisis: the physical crisis and the transition crisis. Whatever the type of crisis, if the problem becomes wi...
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Global biodiversity scenarios: what do they tell us for Biodiversity-Related Financial Risks?
The risks associated with biodiversity loss could have severe socio-economic and financial consequences, at least as large as those imposed by climate change, in addition to interacting with them. Bec...
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AFD and the Development of a Green Financial System in China
The Chinese government has set itself highly ambitious aims in the fight against climate change, in particular its target for carbon neutrality by 2060. To reach these goals, the financial sector and...
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AFD and Energy Transition in China
Driven by sustained economic growth, demand for energy in China has increased dramatically in recent decades. In response to crucial environmental and health issues, the Chinese government has adopted...
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Uzbekistan: Achieving a multidimensional transition
Relatively sound macroeconomic fundamentals, coupled with government measures and financial support from donors, have allowed Uzbekistan to withstand the shock of the health crisis. Despite a marked d...
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Paris Alignment of Operations with Financial Institutions - An AFD Group Perspective on the Need to Raise Coll...
At the sidelines of COP27, AFD Group is launching this position paper in order to take stock of its current approach to assess Paris alignment of its operations with financial institutions and its pla...
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Improving the daily lives of Namibians with microfinance
In Namibia, in collaboration with the local post office NamPost and its microfinance subsidiary Postfin, the Agence française de développement supports retirees’ access to financial services, while pr...
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Evaluation Summary - « Access to finance » component of the SASME project, Egypt
The overall objective of the SASME Project (CEG1046) was to support the efforts of the Government of Egypt to create job opportunities and income generation in rural areas and develop the agricultural...
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