| Invested through |
|
|---|---|
| Asset Classes | Corporate bonds & Impact bonds |
| Impact strategy | Impact Equities and Bonds |
| ISIN code | FR0014000AU2, FR0013365376 |
| Industry group | Banks |
| Aligned with SDGs |
Agence Française de Développement engages in financing development projects in the French overseas territories and foreign countries financial operations supporting economic and social development. The company offers a range of financial instruments and technical assistance to large and small businesses. The company 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, mining, housing, and eco-tourism. The company was founded in 1941.
Investment rationale
AFD finances projects contributing to access to essential services and/or socioeconomic advancement and empowerment in developing and emerging countries, fitting to multiple SDGs and transition themes. A wide range of projects is included in its SDG bonds, including education in underserved regions, optimization of transportation, social protection program of diseases etc.
FR0014000AU2
Alignment with Triodos Transitions: In total 100.0% of the proceeds of the impact bond is aligned with one or more Triodos Transitions. 44.6% of proceeds is allocated to the Societal Transition, 43.4% of proceeds is allocated to the Energy Transition and 12.0% of proceeds is allocated to the Wellbeing Transition.
AFD also launched a climate bond framework to finance climate adaptation and climate mitigation projects in developing countries. The positive impact from these projects is very strong, as the impact of climate change is felt hardest in developing countries. The proceeds from these climate bonds are used to grant loans for projects in the following categories: Climate Adaptation, Biodiversity Preservation, Biological Sequestration, Energy Efficiency, Renewable Energy, Transport, Water and Waste Management.
FR0013365376
In total 100.0% of the proceeds of the impact bond is aligned with one or more Triodos Transitions. 88.8% of proceeds is allocated to the Energy Transition and 11.2% of proceeds is allocated to the Resource Transition.