• • This agreement will allow to continue promoting initiatives with a focus on environmental sustainability and social inclusion.

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  November 25, 2021- The Latin American Association of Development Financing Institutions (ALIDE) and the French Development Agency (AFD) renewed their strategic and financial cooperation agreement for the period 2021-2023.

  The signing of this agreement will allow ALIDE to carry out new activities aimed at strengthening the participation of Latin American development banks in financing to combat climate change, aligning financial flows in accordance with the objectives of the Paris Agreement on the climate, social investment, and accompaniment to the Finance in Common movement. Said activities will include training courses, technical meetings and research documents, among others.

  The renewal of the agreement was signed by the general secretary of ALIDE, Edgardo Alvarez, and the head of the AFD Representative Office in Peru, Laurent Pacoud. It should be noted that the first time that both institutions signed a strategic cooperation and financing agreement was in 2018, after they signed a memorandum of understanding in 2017 to start joint activities.

About AFD

AFD is a public service company and financial institution for development that is part of the Government of France. In line with its mission to contribute to the Sustainable Development Goals (SDG), it intervenes in more than 4 thousand projects in 115 countries in different sectors of the economy such as health, education and the environment, seeking to introduce sustainable improvements to the living conditions of people.

About ALIDE

ALIDE is the community of financial institutions that generates banking solutions for the development of Latin America and the Caribbean. Founded in 1968, its main objective is to contribute to the economic and social development of the region, through good practices in development financing that it promotes among its associates. It is made up of 85 member institutions with a presence in more than 20 countries in Latin America and other regions of the world.

Contact

General Secretariat of ALIDE
Phone: +511-203-5520 |: Ext: 230
secretariageneral@alide.org
www.alide.org