To mitigate the increasing effects of climate change, it is necessary to strengthen the resilience of people and ecosystems in vulnerable countries. At the same time, keeping the global temperature increase well below 2 °C and if possible, 1.5 °C, requires supporting low-carbon development models.
Five years after the adoption of the Paris Agreement and Sustainable Development Goals (SDGs) – the fight against climate change being SDG 13 – it is essential to accelerate the transition towards low-carbon and resilient societies. The AFD Group is fully engaged in contributing to the emergence of more sustainable development models, and combining climate objectives and social objectives.
Its ambition: to be a public development bank that is 100% Paris Agreement and 100% Social Link. The AFD Group’s climate finance and activities mirror the objectives of the Paris Agreement. They seek to limit greenhouse gas emissions, strengthen the adaptation and resilience of people and ecosystems to the effects of climate change, and align financial flows with long-term, low-carbon and resilient development pathways.
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