The climate is today the identity marker of the AFD group. In 2018, this already strong orientation was reinforced by the adoption of a new climate strategy (2017-2022), which reflects AFD's ambition to facilitate the implementation of the Paris Agreement and of low-carbon and resilient pathways in developing and emerging countries. To achieve this, the Agency has made four commitments:
- Ensure a "100% Paris Agreement" activity: the AFD Group wants to make all its financing consistent with low-carbon and resilient development, and support the long-term trajectories of the countries in which it operates.
- Increase climate finance: the AFD Group sets itself the objective of reaching 5 billion euros of climate finance annually by 2020 in its intervention countries, excluding Overseas. 50% of all its commitments must have climate co-benefits.
- Redirecting financial flows: the AFD group wants to maximize the ripple effect of its financing on the redirection of private investments. The group also contributes to the animation of the climate emissions market.
- Build together solutions: beyond its financing, AFD exerts its influence to innovate, co-build and capitalize on good practices, in collaboration with financial, institutional, research and civil society actors.
In 2017, despite the increase in its business volume (+ 10%), the AFD group has maintained its 50% climate co-benefit commitment in terms of adaptation and fight against climate change.
on the same topicResearch documentpublished in February 2020Research documentA single indicator of strong sustainability for development: Theoretical basis and practical implementationpublished in January 2020ExhibitionResearch documentpublished in December 2019Institutional documentpublished in December 2019Institutional documentpublished in October 2019Research documentCommitted emissions and the risk of stranded assets from power plants in Latin America and the Caribbeanpublished in October 2019