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Climate: the Financial Challenge
Climate change: a challenge for the financial sector Long seen by the financial sector as a marginal issue driven by a few pioneers, in recent years, climate change has become a central issue for the...
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AFD’s Presentation to Investors
AFD funds itself mainly on capital markets. As a frequent issuer, AFD issues several public transactions every year and answers to specific queries from investors. AFD commits to communicating detaile...
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Outlooks for flare reduction in Nigeria
In 2015, 350 trillions of cubic feet (tnscf) of gas were flared in Nigeria, amounting to 12% of the overall gas production for an estimated economic loss of more than US$1 bn of gas. Beyond the econom...
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Uganda
Uganda is a landlocked country in East Africa, it has experienced steady growth for the past 10 years and its poverty rate has significantly decreased. However, the country must create jobs and build...
Regions and countries

Improving European coordination in fragile states -Executive summary
This document is the executive summary of a study carried out by the Centre for EU Studies (CEUS), Ghent University, and commissioned by the Practitioners’ Network for European development cooperation...
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AFD corporate social responsibility 2016
AFD corporate social responsibility 2016
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Linkages between Education and Fertility in Sub-Saharan Africa
This paper explores linkages between women’s education and fertility in sub-Saharan Africa, using DHS data from about 30 countries. There are three substantive sets of analyses. First, we shed light o...
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AFD Group Ethics Charter
AFD Group has a Professional Ethics Charter which sets out the mission, values and commitments that guide its positions and modes of action. A public document, the Ethics Charter outlines the key r...
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Sibling social networks and labor market outcomes in Niger: are there any spillover effects?
In this study, based on the Niger 2012 labor force survey, we assess the importance of the effect of siblings on Niger labor market integration and the potential heterogeneity of this effect. Our main...
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Dualism, Poverty Exits and Growth Accelerations
We propose a simple theoretical model to study the dynamics of an economy in which individuals move out of poverty trap. These dynamics are characterized by growth acceleration and temporarily growing...
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Debt and damages: what are the chances of staying under the 2°C warming threshold?
In a stock-flow consistent macrodynamic model featuring two crucial endogenous destabilizing channels, namely debt accumulation and climate change, we perform a sensitivity analysis on four fundamenta...
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Adapt'Action: Tackling Climate Change Together
More than 3 billion people live in contexts that are highly vulnerable to climate change (IPCC, 2022). Yet, adapting to the impacts of climate change remains a complex process: multiple sectors as wel...
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Testing Goodwin with a Stochastic Differential Approach – The United States (1948-2017)
This paper follows Harvie (2000)’s research program in testing both Goodwin (1967)’s predator-prey model and the extension proposed by van der Ploeg (1985). The author’s aim is to provide a guideline...
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Supporting Youth Insertion into the African Labor Market
In Africa, as in the rest of the world, youth employment is a major concern—maybe even more so in Africa than elsewhere. Africa is the region that has the highest proportion of youth in the world when...
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Evaluation of the CIS Energy 2012-2016
The consortium EY-ECONOLER has been commissioned by the Evaluation and Knowledge Capitalisation (EVA) unit of the French Development Agency (AFD) in order to evaluate its Sectoral Intervention Framewo...
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Quality Signaling through Certification in Developing Countries
This paper studies how the signaling of the credence attributes of consumer goods distorts their market equilibrium in developing countries. Costs of certification, sunk in order to achieve credibilit...
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Fair Trade? Yes, but not at Christmas! Evidence from scanner data on real French Fairtrade purchases
Responsible consumption based on labels arouses enthusiasm among the community of development (donors, NGOs, researchers, policy makers). Indeed, information provision may appear as a “third wave” of...
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The use of multi-bi aid by France in comparison with other donor countries
This study provides an analysis of the French usage of multi-bi aid in comparison to other large donors of development assistance. Using a diverse set of methods, including document analysis, intervie...
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Double Dividend of Low-carbon Growth in Mexico: A Dynamic General Equilibrium Assessment
This paper simulates the medium- and long-term impact of proposed and expected energy policy on the environment and on the Mexican economy. The analysis has been conducted with a Multi-sector Macroeco...
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Relational Capability Index 2.0
Relational Capabilities, as introduced by Giraud et al. (2013) aims to introduce social capital and social inclusion in the capabilities paradigm. This paper presents RCI 2.0, an alternative version o...
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