AFD - 2018 Registration document

STATEMENT OF NON-FINANCIAL PERFORMANCE Impact of the group’s activity on sustainable development

❙ 2018 Proparco ex ante result indicators

SDG

Indicator

2018 value

Economic fabric SDG 8

Net value added to the economy through wages, rental income, local benefits, etc. paid by our companies (€m) Contribution to GDP through our renewable energy production infrastructures (€m)

1,867

11.6

Creation or preservation of direct jobs Creation or preservation of indirect jobs

196,700

2

1,208,500

SDG 17

Public revenue (€m) Climate: Tonnes of CO 2

482

SDG 7 & 13

eq avoided

1,528,500 886 MW

Energy: renewable energy capacity established (MW) Number of beneficiaries (in millions of people)

Access to basic goods and services (SDG 3, SDG 6, SDG 7, SDG 8, SDG 10)

22.6 10.0 1.47 10.0 1.16

of which Energy: access to green electricity ( millions of people) of which Microfinance: access to microcredit (millions of people) of which Water: improved access to water (millions of people) of which Healthcare: new/improved access to a health service

Healthcare: Number of additional beds installed

415 beds

SDG 12

Projects receiving ESG support

38 projects (82 companies supported since 2017)

SDG 9

Innovative projects

17 projects

iii. Redirecting financial and investment flows: maximising the knock-on effect of its financing to redirect private and local investments; developing new high-volume, high-impact instruments; and integrating financial climate risks (physical and transition-related) in its risks analysis and credit decision processes; iv. Co-developing solutions and shaping standards, in particular through its partnership strategy and by participating in major international events and in discussions on climate finance and support for knowledge production. 2.5.3.2 AFD’s climate financing in 2018 In 2018, AFD Group approved 170 climate protection projects in foreign countries, for a total amount of €4,784bn in financing (an increase of nearly 20% compared with 2017). As such, AFD Group achieved 51% of financing with co-benefits for the climate, surpassing the target set in its “Climate and Development” strategy. The climate projects financed in 2018 covered two areas, namely: P adaptation to the impacts of climate change: €3.148bn in funding; P mitigating climate change: €1.636bn in funding. These projects will help prevent 10,553,909 tonnes of CO 2 equivalent every year throughout their life cycle.

The results figures correspond to the ex ante expected impacts from the projects signed in 2018 and subject to an impact analysis. Out of 68 projects signed this year, 61 projects were subject to an estimate and ex ante analysis of the expected impacts (1) . 2.5.3 Impact of the Group’s activity on climate change 2.5.3.1 The 2017-2022 Climate Development strategy AFD Group’s commitment to the climate has become a key feature of its action. Committed to this global challenge for more than 10 years, the Group further strengthened its climate ambition by joining the momentum created by the Paris Agreement and Sustainable Development Goals. Accordingly, in November 2017, the AFD Board of Directors adopted a new “Climate and Development” strategy for 2017-2022, based on 4 goals: i. Ensuring its activity is 100% in line with the Paris Agreement: making all the Group’s financing consistent with resilient and low-carbon climate change development, in particular by adopting a new framework of questioning for the “sustainable development” analysis of projects; ii. Increasing climate finance volumes: 50% of AFD Group’s annual financing in foreign countries targets projects with co-benefits for the climate, reaching €5bn per year for climate protection by 2020, of which €1.5bn is devoted to adaptation measures;

(1) The 7 projects that were not subject to an analysis correspond to: 3 bridge/top up projects and one refinancing project for which the impacts had already been measured and recognised at the initial project signature, 2 ICCF projects and a project assessed as «fast track».

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REGISTRATION DOCUMENT 2018