Publications and media
Carbon Policies and Climate Financial Regulation
We analyze optimal climate financial regulation to address the question when capital requirements should be differentiated in order to encourage climate related investments. We distinguish between two...
Published on
Can development banks step up to the challenge of sustainable development?
The great planetary challenges, be it the climate, loss of nature or human solidarity, call for concerted actions at all levels, on a scale commensurate with the problems. Yet, this transformative cha...
Published on
Financial regulation of national development banks - NDBs
History shows that financial crises have been a significant driver of banking regulation evolution, since the 1930s. Although Basel III made much progress in building a safer and less leveraged system...
Published on
Matching risks with instruments in development banks
This paper explores how development banks should deploy appropriate financial instruments to encourage real economic risk-taking while minimizing financial engineering risks. We distinguish real econo...
Published on
Effective development banking: loans or guarantees?
How should National Development Banks (NDBs) assess the cost-effectiveness of using loans and loan guarantees in order to choose the type of financial instrument most appropriate for each program? We...
Published on
Finance in Common: The first global summit of all Public Development Banks
The Finance in Common Summit, taking place during the Paris Peace Forum in November 2020, will address our common need to build new forms of prosperity that take care of the living (people and planet)...
Published on
AFD and the Financial Sector in Cambodia
Cambodia’s financial sector has developed recently, particularly through microfinance institutions. Many banks have also opened in the country in recent years, which is a proof of its economic strengt...
Published on
Climate Finance, reviving the spirit of COP 21
Three years after COP21, as we witness on a daily basis the devastating effects of climate change and the urgent need to increase ambition, climate finance issues come back strongly at the surface, wi...
Published on
Financial Systems - 2018-2022 Strategy
AFD Group has been supporting the development of local financial systems since the early 1950s. Today, it is one of the leading donors operating in the financial inclusion sector in Africa. The Financ...
Published on
Environmental and Social Framework
The present document establishes the Environmental and Social Framework of the AFD and GCF ‘Transforming Financial Systems for Climate’ Programme. It describes standards, procedures, processes and too...
Published on
Sri Lanka’s Growth Model: Progress and Vulnerabilities
This study provides a cross-analysis of the social and macroeconomic challenges facing Sri Lanka and is based on five sections. The first section addresses the socio-political context. In the second s...
Published on
Impact of Microcredit in Rural Areas of Morocco: Evidence from a Randomized Evaluation
Microcredit has rapidly expanded in recent years, providing access to financial services to a large population previously excluded from the financial system. However, whether it helps the poor has bee...
Published on
The investment climate in Egypt: Institutions or Relationships as Conditions for Sustainable Reform?
Observations made here show that it is possible to improve the investment climate, achieve effective cooperation between private investors and political decision-makers, fight against corruption and m...
Published on
