Société de Promotion et de Participation pour la Coopération Economique, SA

  • International
Type
International
Date approved
13 Dec 2016
Size
Large
ESS Category
Category A, Intermediation 1
Fiduciary standards
Basic, Project management, Grant award, On-lending/blending (Loan), On-lending/blending (Equity), On-lending/blending (Guarantee)
Société de Promotion et de Participation pour la Coopération Economique logo

Overview

Société de Promotion et de Participation pour la Coopération Economique (PROPARCO), is an international entity, specifically a subsidiary of Agence Française de Développement (AFD) with its own legal personality, with a distinct mission to support sustainable development through financing the private sector in an effort to bring about economic and social development in developing countries. Its climate-related projects and programmes are focused on promoting climate change mitigation in the areas of renewable energy, energy efficiency, sustainable transport, water and sanitation, agroforestry and forestry. PROPARCO also provides technical assistance to its national partners in developing countries, which include national commercial banks, by assisting them to develop their climate strategies and climate finance project portfolios.

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