Supporting the health and medical-social sectors
Supporting the ecological and energy transition
Combining synergies in the Indian Ocean
Réunion is the most populous French overseas department. By 2030, the island will have a million inhabitants.
With an exceptional natural heritage – 40% of the island’s surface area is listed as a UNESCO World Heritage site – Réunion has major assets. It also benefits from a good level of training and qualification, local know-how adapted to the tropical environment and an increasing openness to its regional area.
However, major social, economic and environmental challenges still need to be addressed: the young population is faced with high structural unemployment, and there is a major climate change impact on the island, which is located on the path of cyclones from the South-West Indian Ocean.
Creating new environmentally-friendly growth drivers is one of the keys for the future.
AFD has a longstanding 70-year partnership with Réunion. It supports local public policies, with the aim of defining a sustainable economic model. Thanks to its financing and expertise, AFD provides support to both public and private actors. AFD in Réunion: €1.4 billion of outstanding loans at the end of 2018, with 78% focused on the public sector and 22% on the private sector.