76 million euros of projects financed by AFD in Martinique in 2023

76 million euros of projects financed by AFD in Martinique in 2023
76 million euros of projects financed by AFD in Martinique in 2023

The French Development Agency presented its results for the year 2023 yesterday (Wednesday May 15). In total, 76 million euros were granted for the development of new projects in Martinique.

AFD is a financial body which contributes to the economic development of territories according to the principles of sustainable development and by promoting social ties.

36 million euros for municipalities

It supports a variety of projects, such as Martinique’s first eco-district, filter gardens and a reception center for people with autism.

In 2023, AFD supported municipalities with 36 million euros. But the agency does not want to confine itself to the sole role of financier, as its director explains, William Chiron.

We wish to potentially bring our expertise, the exchange of experience. In addition to the financing granted by AFD, we have a fund called the Overseas Fund to provide technical support, capacity building and project management support. It is in this sense that we wish to work with our partners in Martinique.

The notion of sustainable development is central to the projects supported by AFD, particularly through the Building Energy Efficiency Plan system. Anne-Catherine Ho-Yick-Cheongproject manager, explains what this involves.

This is a program that was set up by the AFD to help municipalities or communities carry out energy audits on buildings. In fact, when you want to rehabilitate a building, you have to do preliminary studies. And if we want the building to consume less energy, we must carry out studies which show what we currently consume in order to be able to do better later. This involves habits, for example turning off lights, but also through slightly more efficient equipment.

Note that AFD is also planning potential new interventions in the medico-social and health sector.

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