AFD - 2019 Universal registration document

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PRESENTATION OF AFD

Activities of the Agence Française de Développement Group in 2019

Integration aiming to transform banking practices with regard to the climate and the environment. The healthcare and AIDS prevention sector accounted for 3% of AFD’s activity in 2019 versus 5% in 2018. AFD financed 46 Ǿ projects in 2019 (compared to 36 in 2018) in the healthcare and social protection sectors. The activity mainly focused on the “Healthcare and social protection” area dedicated to the implementation of universal healthcare insurance and the reinforcement of healthcare systems. Several operations illustrate the diversity of financing (27 Ǿ projects in all of AFD’s intervention regions): a grant for a private-public partnership with Aga Khan Health Services to improve the Tanzanian system to fight against cancer, a subsidised loan to the Centre Hospitalier de la Basse-Terre (Guadeloupe) or new financing for the DNDi – Drugs for Neglected Diseases initiative to develop treatments for neglected tropical diseases. Projects for reproductive health, health of mothers, babies, children and teenagers and to promote nutrition (SRMNIA+N) reached €43M. The development of social protection systems has also increased strongly as shown by the co-financing with the World Bank of a Program-for-Results (PforR) in China to support care for the elderly in Guizhou province or the public policy loan (PrPP) in social protection in Georgia (supported by a FEXTE allowing French expertise to be mobilised via Expertise France).

Commitments in the agriculture and food safety sector decreased. They amounted to €0.49bn in 2019 compared to €0.73bn in 2018, or 5% of AFD’s activity. This strong decrease in the volume of activity is mainly due to the decrease in commitments for sovereign loans and marked in 2018 by several large amount grants, and by commitments on C2D (depending on the specific cycle of each beneficiary country). The activity remained, however, at a very high level in terms of numbers of projects, notably in grants. In terms of the environment and natural resources, commitments increased between 2018 and 2019 to €0.82bn. The growth in financing dedicated to the environment and natural resources focuses on Latin America (74% of financing). 2019 saw the consolidation of growth in financing dedicated to biodiversity and sustainable management of natural resources that began in 2018, with commitments of €346M, which is comparable to 2018 (€342M). In Latin America, AFD also granted a carbon-reduction public policy loan in Costa Rica for US$150M concerning the highest-emitting sectors (agriculture, transport) and the high potential sequestration sector (land use and biodiversity) on climate governance and the payment for eco-systemic services in Costa Rica. In addition, environment and natural resources financing increased thanks to a public policy loan in Mexico (€250M) and a credit line of €180M to the Central American Bank for Economic

1.6.5 AFD activities in French Overseas Departments and Collectivities ❙ Total volume of approvals, disbursements and outstandings (loans on AFD’s own behalf)

Variance 2019/2018 €M

2019

2018

%

In millions of euros

Approvals (excl. guarantees)

882 559 319 603 412 191 948 516 432 4 0

828 466 357

54

7%

P French Overseas Departments P France’s overseas provinces

93

20%

-38

-11%

P Multi-country Disbursements

5

-1

727

-124

-17% -13% -25%

P French Overseas Departments P France’s overseas provinces

471 255 0.8 897 580 317

-59 -64

P Multi-country

-1 51

n.s. 6%

Undisbursed balance at 31 December

P French Overseas Departments P France’s overseas provinces Outstandings at 31 December P French Overseas Departments P France’s overseas provinces

-64

-11% 36% 2% 2% 1% -4%

115

5,501 3,561 1,895

5,410 3,485 1,878

91

76 17

P TAAF

45

47

-2

The French Overseas Collectivities include the Paci fi c, Saint-Pierre-et-Miquelon, Saint Martin and Saint Barthélemy collectivities

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UNIVERSAL REGISTRATION DOCUMENT 2019

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