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French Development Agency
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=== AFD departments and subsidiaries === ==== PROPARCO ==== PROPARCO is an AFD subsidiary set up in 1977. It is a development [[:fr:Institution financière|finance institution]] with a mandate to promote private investments for growth, [[sustainable development]] and the achievement of the [[Millennium Development Goals]] (MDGs) in emerging and developing countries. It provides financing tailored to the specific needs of investors in the productive sector, financial systems, infrastructure and private equity.<ref>“[http://www.cefeb.org/home/presentation Presentation (CEFEB)]” [archive], at cefeb.org, January 2013 (consulted 17 July 2015)</ref> PROPARCO is jointly held by AFD (59.04%) and private shareholders from the North and South.<ref>“[https://whc.unesco.org/fr/partenaires/290/ French Facility for Global Environment]” [archive], at unesco.org (consulted 17 July 2015)</ref> ==== CEFEB ==== [[:fr:Centre d'études financières, économiques et bancaires|The Center for Economic and Banking Studies]] (CEFEB) is AFD's training institute. It is based in Marseille and offers training for partners from the South in order to contribute to building their capacities. It also acts as a platform for the dissemination of AFD's expertise towards its partners.<ref>“[http://www.ffem.fr/accueil-FFEM/ffem/instances FFEM, a collegiate instrument for intervention] {{Webarchive|url=https://web.archive.org/web/20150721034119/http://www.ffem.fr/accueil-FFEM/ffem/instances |date=2015-07-21 }}” [archive], at ffem.fr, June 2014 (consulted 17 July 2015)</ref> ==== FFEM ==== AFD handles the secretariat and financial management of the [[Fonds Français pour l'Environnement Mondial|French Facility for Global Environment]] (FFEM), a bilateral public fund set up by the French Government in 1994. It is a financial instrument for France's cooperation and development policy dedicated to environmental protection and sustainable development. It is coordinated by five ministries ([[Minister of the Economy, Finances and Industry (France)|Economy and Finance]], [[Ministry of Foreign Affairs and International Development (France)|Foreign Affairs]], [[Ministère de l'écologie, du développement et de l'aménagement durables|Sustainable Development]], [[Ministry of Higher Education and Research|Research]], [[Ministry of Agriculture (France)|Agriculture]]) and AFD.<ref>[http://www.afd.fr/jahia/Jahia/home/DemarcheRSE_AFD/DemarcheRisques AFD’s approach to environmental and social risk management] {{webarchive|url=https://web.archive.org/web/20090503015356/http://www.afd.fr/jahia/Jahia/home/DemarcheRSE_AFD/DemarcheRisques |date=2009-05-03 }} - AFD website [archive]</ref>
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