Overview of the World Bank Group & AFD Group partnership

published in April 2024
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Overview of the World Bank Group & AFD Group partnership

The World Bank Group (WBG) and AFD Group have built together innovative and impactful partnerships that catalyze finance, analytics and technical services at global, regional, country and local levels. Both agree on the importance of mobilizing all available resources to scale up development financing for countries to achieve the Sustainable Development Goals and the objectives of the Paris Agreement.

The success of this partnership is anchored in a strong collaboration on the ground thanks to the global footprint of their networks of regional and country offices, a willingness to collaborate on shared priorities, and a strong commitment to partnerships from senior management. In June 2023, the WBG confirmed its engagement with the Finance in Common initiative that brings to- gether over 500 public development banks collectively responsible for US $2.5tn in annual investment. The initiative seeks to align the entire financial system with the SDGs and the Paris Agreement.

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