Agence Française de Developpement

International

Type: International
Date approved: 07 Jul 2015
Size: Large
ESS Category: Category A, Intermediation 1
Fiduciary standards: Basic, Project management, Grant award, On-lending/blending (Loan), On-lending/blending (Guarantee)

The Agence Française de Développement (AFD) is a public international financial institution established several decades ago. The mandate of AFD is to contribute to social and economic development through sustainable and inclusive growth, enhancing livelihoods and natural resource management. With operations in more than 90 developing countries across all regions, including least developed countries and small island developing states, AFD is actively engaged in climate change mitigation and adaptation actions across all sectors. AFD made a commitment of almost US$3 billion to climate finance last year, employing a range of financial instruments. AFD has delivered projects and programmes in renewable energy, energy efficiency, public transport, disaster risk management in urban areas and water resources management, improving livelihoods and well-being, adaptive agriculture and forestry. AFD sought accreditation with the GCF to utilize its experience in project delivery by offering support to national priorities in climate resilient development pathways. AFD also seeks to promote direct access to climate finance by strengthening the institutional capacities of national and regional entities.