Invested through |
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Asset Classes | Impact bonds |
Impact strategy | Impact Equities and Bonds |
ISIN code | FR0013461688 |
Industry group | Banks |
Aligned with SDGs |
Agence Française de Développement (AFD) is a development bank owned by the French government. AFD finances and helps to implement development projects with the aim of sustainable and shared economic growth and social development in the French overseas territories and in developing countries. The company offers a range of financial instruments and technical assistance to large and small businesses.
Investment rationale
AFD supports social, economic, and environmental projects in various sectors, such as rural development, urban infrastructure, transportation, agriculture, education, banking and microfinance, energy, health care, telecommunications, housing, and eco-tourism. For large projects, the agency performs impact assessments and monitors the environmental and social effects during realization. AFD values transparency and maintains a dialogue with stakeholders like parliamentarians, ministries, regional and local authorities, enterprises and civil society organizations. It raises the French public’s awareness of development issues.