The AFD Group in Bangladesh

►Agence Française de Développement (AFD)

AFD is an inclusive public financial institution and the main actor in France’s development policy. It supports projects that genuinely improve the everyday lives of people, and promotes sustainable development, in developing and emerging countries and in the French overseas territories.

AFD works in many sectors – Climate, biodiversity, peace, education, urban planning, health, governance – and promotes the transition to a safer, more equitable and more sustainable world: a world in common. Its action is fully in line with the Sustainable Development Goals (SDGs).

Present in 115 countries via a network of 85 agencies and 17 regional offices, AFD today supports more than 4,200 development projects. In 2021, it committed 12.15 billion euros to finance these projects.

AFD’s commitment to Bangladesh

AFD has been working in Bangladesh since 2012, with a mandate to promote a green and inclusive growth and, more recently, promoting adaptation to climate change. AFD operates in Bangladesh through subsidised loans and also mobilises European funding, in the form of grants. Over the past five years, 1.2 billion euros have been committed.

With a mandate matching the Bangladeshi government’s priorities, AFD’s interventions are based on the following areas of cooperation:

• Improve access to drinking water for all
• Ensure access to reliable and sustainable energy
• Encourage sustainable urban mobility
• Promote CSR in the textile industry
• Support health and social protection systems

Learn more about AFD in Bangladesh

►Proparco

Proparco, a subsidiary of AFD dedicated to providing funding for the private sector, has been promoting sustainable economic, social and environmental development practices for the past 40 years. Proparco first worked in Bangladesh in 2013. Since then, 135 million euros have been granted to eight different clients.

Bank financing provides support to the textile sector, SMEs, as well as renewable energy and energy efficiency projects. The two companies operate in the telecom and textile sectors, and Proparco’s financing is aimed at improving their environmental performance. Proparco also participates in co-financing a capacity-building programme for local banks in the area of environmental and social risk analysis.

Diane JEGAM – Regional Manager for South Asia – Click here to send email