AFD’s Mission: Financing Sustainable Development
As a bilateral development bank and the central operator of France’s foreign aid policy, AFD’s activities on five continents are aimed at reducing poverty and inequalities, financial sustainable economic growth and protecting “Global Public Goods” of benefit to all humanity. AFD activities fall within the framework of the United Nations’ Millennium Development Goals.
Protecting Global Public Goods includes the fight against climate change and pandemics; the preservation of biodiversity; the promotion of social and environmental responsibility; as well as aid to countries weakened by strife, war and natural disasters.
AFD uses a wide range of financial instruments to underwrite its funding activities: grants, subsidies, guarantees, loans, equity shareholdings, co-financing and local bank intermediation. The types of assistance AFD provides funding for includes:
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micro, small and medium-sized enterprise funding
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public budget support
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infrastructure construction
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urban and rural development
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health and education
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war and disaster relief
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social cohesion and environmental responsibility
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research and training
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technical assistance and capacity building
Ministers represented on the Board of Directors of the AFD
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Brice Hortefeux |
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Bernard Kouchner |
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Christine Lagarde |
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François Baroin |
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Eric Besson |
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Marie-Luce Penchard |
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