AFD_REGISTRATION_DOCUMENT_2017

PRESENTATION OF AFD AFD operations

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1.2.3 Other AFD activities 1.2.3.1 Intellectual output

Global Budget Support (GBS) on the basis of the Treasury’s resources (programme 110) granted in the form of subsidies, primarily in the least developed countries (LDCs). In the French Overseas Departments and Collectivities AFD’s activities in the French Overseas Departments and Collectivities were confirmed by the Inter-ministerial Committee for the Overseas Departments and Collectivities on 6bNovember 2009band relate primarily to the following areas: P Loans P Financing public-sector investment in a spirit of partnership and especially support given to local authorities for defining and implementing their development strategies. This activity is carried out through subsidised loans to local authorities, public undertakings and semi-public companies for operations concerning priority sectors for employment, economic development, solidarity and the environment (resources from Programmeb123) or in the form of non-subsidised loans. Moreover, AFD may grant short-term loans to local authorities in the form of EU subsidy prefinancing. P Financing of the private sector through loans via direct lending and non-subsidised banking sector refinancing transactions. P AFD also supports the development of microcredit institutions in the French Overseas Departments and Collectivities by contributing to their refinancing. P Guarantees P AFD conducts significant activity guaranteeing medium- and long-term bank loans that support innovation, creation and growth in French Pacific Collectivities through Sogefom, of which it is the majority shareholder, and in Mayotte and Saint-Pierre-et-Miquelon through two guarantee funds in its own name. P AFD also manages on behalf of third parties: the guarantee funds for housing in French Overseas Departments (on behalf of Bpifrance Financement) as well as agriculture and fishing guarantee funds (on behalf of the French State) created in 2010. P Management or representation mandates in the French Overseas Departments and Collectivities P AFD is running off Crédit Foncier de France’s operations in French Overseas Departments and Collectivities and represents Caisse des Dépôts et Consignations for certain activities in the French Pacific Collectivities and Saint- Pierre-et-Miquelon (in the investment business). Since 1bJanuary 2014, AFD has been a service provider for Bpifrance Financement for some of its activities in the French Overseas Departments, in New Caledonia and in French Polynesia. P AFD also promotes housing development in the French Overseas Departments and Collectivities through stakes in seven real estate companies held on its own behalf or on behalf of the State. P Lastly, it helps the economies of French Overseas Departments and Collectivities develop within their respective regions.

The Innovations, Research and Knowledge Division undertakes a series of research, training and publication activities which are in line with AFD’s strategic and operational orientations. 1.2.3.2 The Sustainable Development Awareness Department: tasked with promoting knowledge about sustainable development Based in Marseille, the purpose of the Development Campus (formerly CEFEB) is to implement actions for the reinforcement of capacities, training cycles, seminars and to moderate communities of practice for the benefit of the categories of players who contribute to the development projects run by AFD: the Group’s partners in the countries in which it is involved, the development players (in France or abroad) and, to a lesser extent, the AFD staff at the head office and in the network. Its purpose is to transfer and share knowledge and expertise applicable to the various development professions at the leading edge of research, as well as operational techniques and practices AFD has tested. 1.2.4 AFD mandate-specific activities AFD’s bylaws provide for cases in which AFD acts on behalf of third parties. In accordance with ArticlebR.515-12 of the CMF, AFD manages the specific operations financed by the French State’s budget on the State’s behalf and at its risk. The terms of these operations are set out in agreements with the appropriate ministries. These are either (i) framework agreements governing terms for AFD’s implementation of a project category, or (ii) individual temporary agreements setting terms for the implementation of a specific project. For example, the following agreements were signed: P the framework agreements between AFD and the Ministry of Foreign Affairs dated 1bDecember 2000band 9bNovember 2001bregarding the management of assigned funds delegated by the MAE to AFD; P the agreement of 23b December 2003b related to the implementation of bilateral aid in Heavily-Indebted Poor Countries (HIPC). Refinancing through donations, particularly in the form of debt reduction-development contracts (C2D) as part of the debt relief programme for HIPCs and the conversion of monetary debts; P the agreement of 6bDecember 2016bon the implementation of the Trade Capacity Building Program (TCBP); P the agreement of 15b December 2016b related to the management by AFD of the Solidarity Fund for Development (FSD) financed by a tax on plane tickets and the tax on financial transactions. As a priority, FSD inflows are used to pay for multi-lateral aid expenses for development related to global public goods in the areas of health, climate and environment and in particular to fund the International Finance Facility for Immunisation (IFFIm);

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REGISTRATION DOCUMENT 2017

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