Agence Française de Développement (AFD)

Agence Française de Développement, commonly known as AFD, is France’s public development bank. It finances and supports projects addressing sustainable development, climate change, biodiversity and social inequalities, working with partners in developing countries and French overseas territories. AFD’s activities are guided by France’s international development commitments, including the Sustainable Development Goals and the Paris Agreement. Its group includes Proparco, which focuses on private sector development finance. AFD was an initial investor in the original Land Degradation Neutrality Fund, providing a connection between public development finance and Mirova’s investment approach to sustainable land management.