AFD Group’s commitments surpassed €12 billion in 2020, even amidst the devastating Covid-19 crisis. And the Group fast-tracked procedures to meet the urgent health and social needs of its clients in 2020, increasing disbursements by more than 35% compared to 2019, and reaching a record of nearly €9 billion.
AFD is not only showing that it can play a countercyclical role; we are also contributing to France’s determination to raise Official Development Assistance (ODA) to 0.55% of Gross National Income (GNI).
However urgent our short-term response was to helping countries deal with the damage done by the Covid crisis, it remains in line with the long-term goals of transforming our economies – and our societies.
Discover AFD Group's results for the year 2020.