FE Today Logo

AFD Group celebrates 10 yrs of dev partnership with BD

FE REPORT | April 26, 2024 00:00:00


Agence Française de Développement (AFD) Group has celebrated 10 years of development partnership with Bangladesh taking its position as the fifth top partner contributing €1.8 billion towards nation's progress and resilience.

French Ambassador to Bangladesh Marie Masdupuyat told a reception in a city hotel on Thursday that AFD has become most impressive partner of Bangladesh among other countries as its activities are swiftest in the country.

The French development bank is one of the first bank focused on climate change issues in Bangladesh.

A new adaptation-based investment project would be endorsed soon by Bangladesh leaders focusing loss and damage, she said.

She also says her government tries to reverse balance in climate financing on adaptation in Bangladesh which is very much mitigation focus.

The French Ambassador recalled the French President's visit to Bangladesh and said it is an impressive event and has given new heights in the relationship.

AFD Group consisting of AFD, Proparco and Expertise France, commemorates a decade of transformative collaboration in 2012 committing over €1.8 billion towards advancing various sectors critical to Bangladesh's growth, contributing to the nation's progress and resilience.

AFD Country-Director Benoit Chassatte said although the AFD is very new among the development partners, its achievement is significant in the last 10 years.

Particularly, he focused on the growth in funding scenario after 2020 and said it means future is bright.

Among others, AFD South Asia Regional Director Yazid Ben said and Additional Secretary (Europe) of Economic Relations Division Uttam Kumar Karmakar spoke on the occasion.

Earlier, a workshop on climate fresk, a collaborative and science-based workshop on the work of IPCC, was held where representatives from different public and private organisations participated

[email protected]


Share if you like