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French Development Agency
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=== Geographical areas of operation === AFD has been working for over sixty years to promote development in Southern countries and the French overseas territories. It is active in the field in over 90 countries, where it finances and supports projects that improve living conditions for populations, promote economic growth and protect the planet: getting children into school, assisting farmers, financing small businesses, water supply, tropical forest conservation, [[climate change mitigation|combating climate change]]... AFD's strategy is guided by sustainable development. Its operations are in line with the [[Millennium Development Goals]], at the intersection of the objectives of economic growth, poverty reduction and environmental conservation.<ref>“[http://www.diplomatie.gouv.fr/fr/politique-etrangere-de-la-france/aide-au-developpement/dispositif-institutionnel-et/canaux-d-acheminement-de-l-aide/article/l-aide-bilaterale-de-la-france France’s Bilateral Aid] {{Webarchive|url=https://web.archive.org/web/20150924042226/http://www.diplomatie.gouv.fr/fr/politique-etrangere-de-la-france/aide-au-developpement/dispositif-institutionnel-et/canaux-d-acheminement-de-l-aide/article/l-aide-bilaterale-de-la-france |date=2015-09-24 }}” [archive], at diplomatie.gouv.fr, 24 December 2013 (consulted 22 July 2015)</ref> A wide range of financial and technical instruments meet the different needs of countries: grants, guarantees, equity investments, subsidized loans, loans on market terms and technical assistance. It develops financial and intellectual partnerships with other donors and contributes, in conjunction with its supervisory authorities, to public policymaking and to France's influence in the development sphere. ==== Latin America and Caribbean ==== In [[Latin America]] and the [[Caribbean]], AFD promotes sustainable and equitable development through green and inclusive growth. There are a number of projects to fight climate change, for urban development, as well as projects to promote social convergence. ==== Sub-Saharan Africa ==== {{See also|Foreign Aid to Francophone West Africa}} [[Sub-Saharan Africa]] is the priority region for France's public development policy.<ref>« Afrique Subsaharienne – Légère hausse des financements de l’AFD en 2014 », Jeune Afrique, 19 March 2015 ([http://economie.jeuneafrique.com/regions/afrique-subsaharienne/24392-afrique-subsaharienne--legere-hausse-des-financements-de-lafd-en-2014.html read online] {{Webarchive|url=https://swap.stanford.edu/20150321005953/http%3A//economie.jeuneafrique.com/regions/afrique%2Dsubsaharienne/24392%2Dafrique%2Dsubsaharienne%2D%2Dlegere%2Dhausse%2Ddes%2Dfinancements%2Dde%2Dlafd%2Den%2D2014.html |date=2015-03-21 }} [archive])</ref> In 2014, AFD invested EUR 2.95bn in the region, i.e. 36.5% of its total financing. Among the many projects, a number focus on promoting access to essential services, the growth of sustainable cities, the development of infrastructure, family farming and job-creating enterprises, as well as on the preservation of natural resources.<ref>« L’AFD soutient plus de 75% des collectivités d’Outre-mer », Polynésie 1ere, 2 April 2015 ([http://polynesie.la1ere.fr/2015/04/02/l-afd-soutient-plus-de-75-des-collectivites-d-outre-mer-244511.html read online] [archive])</ref> ==== Asia ==== In [[Asia]], AFD works to promote environmental and regional balances, with a focus on projects that limit the environmental footprint of cities or contribute to regional convergence. ==== Mediterranean and Middle East ==== AFD supports the region's political and economic transition, with a focus on promoting Euro-Mediterranean integration, territorial development and job creation. The AFD also funds restoration works, such as that of the [[Saint Hilarion Monastery|Saint Hilarion monastery]] which the AFD funded in order to have the [[Byzantine Empire|Byzantine-era]] site inscribed in the [[UNESCO World Heritage Sites]] list.<ref>{{cite web |last1=F. |first1=K. |title=Palestine signs €29 million support agreements with AFD |url=https://english.wafa.ps/Pages/Details/128609 |website=WAFA |publisher=Palestinian News & Information Agency-WAFA |access-date=5 February 2024 |date=29 March 2022}}</ref> ==== Overseas France ==== Since 1946, AFD has had a public service mandate to provide a reference public service provision for credit and social housing. In 2014, overseas France accounted for 19% of AFD's activity, i.e. EUR 1.55bn. AFD conducts several types of action in overseas France. Its activities are based on the following areas: financing and assisting public policies, advisory services for local authorities, promoting business competitiveness and job creation, supporting regional integration and action for sustainable development.<ref>“[http://ideas4development.org/a-propos/ About us]” [archive], at ideas4development.org (consulted 22 July 2015)</ref> This involves financing and supporting projects that improve living conditions for populations and promote economic growth, while preserving the environment. Thanks to its financing, its expertise and its knowledge production, it assists the local public sector, finances companies, housing and urban development, and supports regional cooperation. It fulfills this mandate through nine agencies throughout the overseas territories: [[French Guiana]], [[French Polynesia]], [[Guadeloupe]], [[Martinique]], [[Mayotte]], [[New Caledonia]], [[Réunion]], [[Saint Pierre and Miquelon]], [[Wallis and Futuna]]. In the overseas departments (DOM), in [[Saint Martin (island)|Saint Martin]], [[Saint Barthélemy]] and [[Saint Pierre and Miquelon]], AFD also represents the public investment bank [[:fr:Banque publique d'investissement|Bpifrance]], which finances the creation, innovation, investments and international development of French SMEs. AFD is the reference shareholder in seven social housing companies (Simar in Martinique, Sic in New Caledonia, Sig in Guadeloupe, SIDR in Réunion, Siguy and Simko in French Guiana and Sim in Mayotte). These property companies promote, manage and build social housing. Finally, it provides part of the staff of the note-issuing banks, [[Institut d'émission d'outre-mer|Institut d'Emission d'Outre-mer]] and Institut d'Emission des Départements d'Outre-mer. {| style="margin:1em auto; text-align: right;" class="wikitable sortable" |+ Financing allocated by AFD Group in 2014 (EUR million)<ref>Annual Report 2006.</ref> |- ! scope="col" | Geographical area ! scope="col" | Project grants, support for NGO operations, miscellaneous grants ! scope="col" | Budget support and Debt Reduction-Development Contracts ! scope="col" | Loans ! scope="col" | Guarantees ! scope="col" | Equity investments and other securities ! scope="col" | Financing with resources from other donors ! scope="col" | '''Total 2014''' !Total 2013 |- | align="left" | Latin America and Caribbean ||19,3||||1184,2||0,3||11,0||11,0||'''1225,7''' |1192,7 |- | align="left" | Sub-Saharan Africa ||215,5||444,0||2041,1||109,0||80,5||54,8||'''2945,0''' |3001,7 |- | align="left" | Asia and Pacific ||34,3||||1122,9||0,3||11,0||11,0||'''1225,7''' |1192,7 |- | align="left" | Mediterranean, Middle East ||30,6||||827,6||10,4||56,7||134,0||'''1059,3''' |838,2 |- | align="left" | Overseas France ||0,4||||1378,6||161,5||7,0||||'''1547,5''' |1505,6 |- |Programs common to several geographical areas |313,6 |444,0 |5218,0 |145,9 |163,7 |245,2 |'''6530,4''' |6322,1 |- class="sortbottom" | align="left" | '''Total''' ||'''314,0'''||'''444,0'''||'''6596,6'''||'''307,4'''||'''170,7'''||'''245,2'''||'''8077,9''' |7827,7 |} {{center|1=Source : [http://www.afd.fr/webdav/site/afd/shared/PUBLICATIONS/INSTITUTIONNEL/rapports-annuels/AFD-RA-2014-VF.pdf AFD Annual Report 2014, p62-63] 1}}
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