Asian Development Bank (ADB) President Masatsugu Asakawa in a call today with Agence Française de Développement Group (AFD) Chief Executive Officer Rémy Rioux reaffirmed the importance of collaboration between the two institutions, particularly on key issues such as climate change and aspirations for COP26.
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This new SDG Bond Framework represents for AFD a decisive step in order to take into account the targets of the UN 2030 Agenda within the projects it finances and through the dialogue with its counterparties. The eligibility of the loans to these sustainable bonds will depend on their direct contribution to the SDGs.
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Today at the IMF/World Bank Group meetings, the Agence Française de Développement (AFD), the European Investment Bank (EIB) and KfW acting on behalf of the German Federal Government reported significant progress on the Clean Oceans Initiative. Two new partners Cassa Depositi e Prestiti (CDP), the Italian National Promotional Institution and Financial Institution for Development Cooperation,
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