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.
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Accreditation timeline
Accreditation term 1
16 Jan 2018 - 15 Jan 2023
Accreditation date
08 Jul 2015
AMA execution date
11 Nov 2017
AMA effectiveness
16 Jan 2018
Term end date
15 Jan 2023
Accreditation term 2
Pending
Re-accreditation date
12 Jul 2023
AMA execution date
Pending
AMA effectiveness
Pending
Term end date
Pending
Entity details
Size
Micro
Small
Medium
Large
Environmental and social risk category
Category C
Category B
Category A
Intermediation 3
Intermediation 2
Intermediation 1
Fiduciary standards
Basic
Project management
Grant award
On-lending/blending:
Loan
Equity
Guarantee
Blending
Projects
FP237
Mitigation
Multiple countries
E-Motion : E-Mobility and Low Carbon Transportation
FP194
Cross-cutting
Multiple countries
Programme for Energy Efficiency in Buildings (PEEB) Cool
FP161
Adaptation
Multiple countries
Building Regional Resilience through Strengthened Meteorological, Hydrological and Climate Services in the Indian Ocean Commission (IOC) Member Countries
FP135
Adaptation
Multiple countries
Ecosystem-based Adaptation in the Indian Ocean – EBA IO
FP119
Cross-cutting
State of Palestine
Water Banking and Adaptation of Agriculture to Climate Change in Northern Gaza
FP095
Cross-cutting
Multiple countries
Transforming Financial Systems for Climate
FP042
Adaptation
Morocco
Irrigation development and adaptation of irrigated agriculture to climate change in semi-arid Morocco
Improving farmers’ climate resilience and water use efficiency
03 Dec 2019 / The Green Climate Fund (GCF) signed today a funding agreement with the French Development Agency, Agence Française de Développement (AFD), to finance the Water Banking and Adaptation of Agriculture to Climate Change project in Northern Gaza.
Green Climate Fund and Qatar convene institutional investors to give boost to climate action
23 Sep 2019 / The Green Climate Fund (GCF) and the State of Qatar, represented by the Qatar Investment Authority (QIA), have brought together major institutional investors to advance climate action in the margins of the UN Climate Action Summit.
GCF invests USD 270 million to catalyse African climate investment with AFD
26 Jun 2019 / Earlier this week, the Green Climate Fund and the French Development Agency (AFD) signed the agreement which will kick-off the implementation of the “Transforming Financial Systems for Climate” programme.
The programme, targeting 17 countries in Africa and Latin America and the Caribbean, seeks to strengthen local financial institutions in the region and boost the private sector’s investments into renewable energy, energy efficiency, and climate resilience projects.
The positives of preparing for disaster
11 Jun 2018 / A guide to GCF’s support for climate change early warning systems
Agence Française de Développement to push Paris momentum with GCF agreement
12 Nov 2017 / A key agreement signed today will help AFD achieve its goal of making 100 percent of its financing compatible with the Paris Agreement.
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