AFD’s green finance label

Environmental integration offers significant economic development potential

Seizing the opportunities of the ecological transition


 

Environmental integration offers significant economic development potential: green growth provides a number of opportunities to companies through new markets, especially in the fields of:

  • Energy management
  • Sustainable natural resources management
  • Environmental protection

In developing countries, financing this green growth is a major challenge. Agence Française de Développement (AFD) contributes to this challenge in partnership with banks in the South.

 

SUNREF: A green credit line developed for companies by AFD


Loans allocated by local partner banks, investment premiums and free technical assistance depending on  the geographical area: the SUNREF[1] range of services is tailored to allow companies to acquire higher quality equipment, make cost savings and be more competitive.

SUNREF also offers banks in the South special partnership conditions to allow them to seize the opportunities of green finance.

[1] Sustainable Use of Natural Resources and Energy Finance

Download the institutional documentation about SUNREF (PDF)

 

SUNREF in figures

Over 42 projects successfully implemented since 2006

Some 70 partner banks in over 30 countries of operation

Over EUR 2,5 bn of loansallocated by AFD, including EUR 1,2 bn already disbursed


Results and impacts of SUNREF


14 million tons equivalent CO2 saved every year 
Over 1 billion KWh saved every year 
 300 000 KW of new green capacity created 
1,5 million MWh of green energy generated every year