Supporting local authorities
Strengthening the health and social care sectors
Supporting private sustainable development initiatives
Developing regional cooperation
French Guiana is located in South America and is bordered by the Atlantic Ocean. 90% of its territory is covered by the Amazon forest and it is France’s largest region in terms of surface area… as well as the least densely populated in the French overseas territories. Its population, one of the youngest in France, is expected to double by 2040 to half a million inhabitants: a real demographic dynamism which is an opportunity, but also a challenge.
Indeed, while French Guiana has experienced strong growth since the 1990s, population growth is now mitigating this economic performance, which is, however, driven by a healthy aerospace industry and growing tourism. Today, GDP per capita is only equivalent to almost half the national level (against over 60% in 1993). Essential services are also not evenly distributed between the coast and the inland plains, and unemployment affected 23% of the working population in 2016.
AFD in French Guiana seeks to address the demographic challenge, fight against economic, social and territorial imbalances, and promote the emergence of a new development model. AFD supports local public and private actors. It operates via a number of tools for the public sector (loans, support-advice) and private sector (loans to companies for medium to large-scale investment projects, guarantee fund for fishing and agriculture, range of services of Bpifrance).
Committed emissions and the risk of stranded assets from power plants in Latin America and the Caribbean
Latin America and the Caribbean (LAC) has the least carbon-intensive electricity sector of any region in the world, as hydropower remains the largest source of electricity. But are existing ...