Download center

Given its history, the diversity of its people and its ongoing crises, the Middle East plays an important role in AFD Group's activity. Proparco's ongoing work in the Middle East prompts it to regularly renew its approach and adapt its tools to support private stakeholders, who contribute to restoring stability in the region through their investments. Over the course of its financing, Proparco strengthens its capacity to intervene in crisis areas alongside entrepreneurs, a strategic focus for AFD Group.

As a development finance institution, Proparco is committed to promote transparency and accountability in assessing the social, economic and environmental impacts of its financing operations. With the Impact Data platform, Proparco collects from its clients the data needed to track and analyze its impact indicators.

Please note that the ICM policy is in the process of being updated, which will include public consultation. Please see the related article for more information.  Learn more about ICM

The Impact Principles (Invest for Impact | Operating Principles for Impact Management) set inspiring goals to reach for all responsible finance investors eager to promote business in common. They provide standards and guidelines for an analytical and systemic approach to impact measurement.

The “Top 10 projects 2023” illustrate the diversity and impact of the financing committed to the strategic axes defined by Proparco's 2023-2027 strategy.  

In 2023, 94 new authorised projects, worth €2.3 billion, will actively contribute to achieving the Sustainable Development Goals (SDGs). The "At a Glance" provides a summary of the ex-ante impact estimates for these projects and the 2023 impact monitoring which covered 312 projects signed between 2017 and 2021.

In line with its willingness to support the growing integration of emerging countries into world trade, Proparco has developed the Trade Finance Guarantee (TFG) program. This guarantee insures confirming banks against the risk of default by banks that have issued a trade finance instrument - letter of credit, stand-by letter of credit, endorsed draft - on behalf of one of their importing clients. More information about the Trade Finance Guarantee (TFG) program

In line with its willingness to support the growing integration of emerging countries into world trade, Proparco has developed the Trade Finance Guarantee (TFG) program. This guarantee insures confirming banks against the risk of default by banks that have issued a trade finance instrument - letter of credit, stand-by letter of credit, endorsed draft - on behalf of one of their importing clients. More information about the Trade Finance Guarantee (TFG) program

This annual report covers the activities and performance of the Independent Complaints Mechanism (ICM or Mechanism) of DEG, FMO and Proparco (the DFIs) from 1 January 2023 to 31 December 2023. More information

The Impact Principles set inspiring goals to reach for all responsible finance investors eager to promote business in common. They provide standards and guidelines for an analytical and systemic approach to impact measurement. They also allow for sufficient flexibility for all impact investors – from asset managers, asset owners, asset allocators, to development finance institutions – to utilize their own impact management systems while harmonizing on emerging best practices.

As a signatory to the Operating Principles for Impact Management, Proparco is required to publish an annual Disclosure Statement describing how its impact management system is aligned with each of the 9 Principles, and to provide a regular independent verification report of this alignment.

For the fourth year in a row, Proparco’s commitments topped the two billion euro mark, with a total of 214 projects. 59 new projects totalling €1.46 billion have been analysed and subject to an ex ante impact assessment.  Discover the key points of Proparco Impact Report 2022. 

Proparco is committed to building a better future by supporting private sector initiatives for a more just and sustainable world. As a development finance institution, Proparco evaluates and reports on the impacts of its action by measuring the results and impacts of its financing. For the fourth year in a row, Proparco’s commitments topped the two billion euro mark, with a total of 214 projects. 59 new projects totalling €1.46 billion have been analysed and subject to an ex ante impact assessment.

2022, when Françoise Lombard was appointed Chief Executive Officer, closed the strategic cycle for 2020-2022 and witnessed the adoption of Proparco’s new Strategy 2023-2027. This strategy - “Acting together for greater impact”- places impact at the heart of Proparco’s activity.  In 2022, with €2.3 billion worth of financial commitments, Proparco has maintained its activity at over €2 billion for the fourth year running.

As part of their commitment to act responsibly and transparently, in 2014, DEG and FMO established the Independent Complaints Mechanism (ICM) to ensure that individuals, groups, communities or other parties who believe to be adversely affected by a DEG and/or FMO-Financed Operation have the right to be heard and the right to raise complaints with both institutions, where they believe there has been a breach of the organizations’ policies or procedures.

Download Proparco's 2021 Financial Report in English and French.

The Impact Principles set inspiring goals to reach for all responsible finance investors eager to promote business in common. They provide standards and guidelines for an analytical and systemic approach to impact measurement. They also allow for sufficient flexibility for all impact investors – from asset managers, asset owners, asset allocators, to development finance institutions – to utilize their own impact management systems while harmonizing on emerging best practices.

"Given the urgency of the climate challenge, with less than a decade left to meet the Sustainable Development Goals (SDGs) and in a context where the crisis following the Covid-19 pandemic has led to an increase in poverty and inequalities, mobilizing all stakeholders is more crucial than ever. Banks, investors and private sector companies have an essential role to play, in particular through their capacity to invest, create jobs and provide innovative and sustainable solutions to the challenges the world faces." Françoise Lombard

2.3 billion in authorized financing, Proparco has returned to growth in 2021 by increasing its commitments and strengthening their impact.

As part of their commitment to act responsibly and transparently, in 2014, DEG and FMO established the Independent Complaints Mechanism (ICM) to ensure that individuals, groups, communities or other parties who believe to be adversely affected by a DEG and/or FMO-Financed Operation have the right to be heard and the right to raise complaints with both institutions, where they believe there has been a breach of the organizations’ policies or procedures.