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It works to combat poverty and promote sustainable development. It achieves this by financing and supporting projects that improve living conditions for populations, promote economic growth and protect the planet.
Projects related to territorial development benefited from over EUR 4bn, i. AFD also operates in emerging countries for issues related to the protection of the environment and energy management.
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: Its operations are in line with the Millennium Development Goals , at the intersection of the objectives of economic growth, poverty reduction and environmental conservation.
A wide range of financial and technical instruments meet the different needs of countries: 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. 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. 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.
Since , AFD has had a public service mandate to provide a reference public service provision for credit and social housing. AFD conducts several types of action in overseas France. Its activities are based on the following areas: 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: These property companies promote, manage and build social housing. AFD Annual Report , p 1. Knowledge production is a major activity for AFD and aims to contribute to the definition of the public policies of France and its partners.
It has become an essential complement to the financial and technical tools. This drive for knowledge production is based on the organization of seminars and conferences, training given by CEFEB, a studies and research program, and the establishment of partnerships with academic and research institutes.
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