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Poor countries: French aid maintained

2021-04-13T16:32:34.115Z

In 2020, the French development agency allocated 3 billion euros to the fight against Covid. The pandemic has shaken up the activity of the French Development Agency (AFD) in 2020. "AFD has shown great responsiveness and agility in the face of an unprecedented shock", underlines its Managing Director, Rémy Rioux. By reorganizing the business plan, by reallocating resources to the most affected sectors. “At the same time, we have not lost sight of the long term, the structural challenges o



The pandemic has shaken up the activity of the French Development Agency (AFD) in 2020.

"AFD has shown great responsiveness and agility in the face of an unprecedented shock",

underlines its Managing Director, Rémy Rioux.

By reorganizing the business plan, by reallocating resources to the most affected sectors.

“At the same time, we have not lost sight of the long term, the structural challenges of climate change, the protection of biodiversity, gender equality, etc.” he

specifies on the occasion of presentation of annual results.

Because we have to prepare the

“world after the world after”,

with the United Nations sustainable development goals in sight by 2030 and carbon neutrality in 2050.

Financial commitments certainly fell last year, to 12.1 billion euros against the record amount of 14 billion in 2019, the increased risks linked to the crisis having weighed on the lending activity.

But disbursements increased by 35%

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Source: lefigaro

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