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The partnership between the World Bank and Agence Française de Développement stands as a model of progress and international cooperation. Through coordinated efforts, the two institutions are actively addressing the most pressing challenges of our time.
In an era where global challenges such as climate change, poverty, and fragility demand concerted action, the partnership between the Groupe Agence Française de Développement (AFD Group) and the World Bank provides an excellent example of the power of collaboration. The World Bank and AFD have established a strong and enduring partnership founded on a shared vision of sustainable development.
A new report, Scaling Up Global Partnerships:The AFD Group and the World Bank Group, recognizes and celebrates the partnership between the two organizations. Highlighting examples of successful collaboration at various levels of engagement -- from global and thematic to country and project levels -- the report also provides suggestions to replicate and scale up the partnership's success.
Since 2018, the AFD–World Bank partnership has enabled billions of dollars in co-financing to be channeled into transformative development projects—actively promoting socio-economic progress, building stability and security in fragile settings, investing in health and education to strengthen countries’ human capital, and taking a strong and resolute stand on the climate crisis—ultimately maximizing the development impact of both institutions. As part of the Finance in Common movement, the World Bank and AFD Group are demonstrating that public development banks - bilateral and multilateral - can work together to achieve the Sustainable Development Goals and the Paris Climate Agreement.
With multiple crises worldwide straining the resources of governments and donors, threatening hard-won development gains, and presenting ever more complex and difficult development challenges, partnerships such as these are increasingly essential.
Scaling Up Global Partnerships: AFD and the World Bank
This recorded event celebrates the historic partnership betweent the World Bank and Agence Française de Développement(AFD). Hosted by World Bank Group Managing Director and Chief Financial Officer Anshula Kant on March 12, 2024, the session features AFD Group CEO Rémy Rioux and Togo's Minister for Digital Economy and Digital Transformation H.E. Cina Lawson. The session also included a series of lightning talks from the AFD's Dominique Hautbergue and Agnès Soucat and the World Bank's Loli Arribas-Banos and Tina George.