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    Home » The CDG and the AFD are exploring avenues for cooperation in favor of sustainable development.
    Sustainability

    The CDG and the AFD are exploring avenues for cooperation in favor of sustainable development.

    5 July 2024No Comments2 Mins Read
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    Paris – The General Director of the Caisse de Dépôt et de Gestion (CDG), Khalid Safir, had a working session on Tuesday in Paris with the General Director of the French Development Agency (AFD), Rémy Rioux, focused on ways to strengthen bilateral cooperation in favor of sustainable development.

    In a statement to MAP following this meeting, Mr. Safir indicated that this meeting was an opportunity to take stock of the CDG-AFD relationship and joint projects, but also to explore new avenues for collaboration, mainly in the areas of sustainable development, climate transition, as well as financing for the social and solidarity economy.

    The discussions also focused on supporting Morocco in its major infrastructure projects, particularly in sports, he continued, noting that the CDG-AFD relationship is “multifaceted.”

    This cooperation, he explained, extends to both projects in Morocco and multilateral projects, “since we are both members of international bodies.”

    For his part, Mr. Rioux emphasized that the cooperation between the two French and Moroccan institutions is “long-standing,” noting that it is primarily based on “trust.”

    “The meeting today addressed sustainable finance, greening the economy, as well as strengthening the social and solidarity economy, with the aim of further increasing the social impact of public development banks’ interventions,” the French official stated to MAP.

    “We can work in this direction both bilaterally between France and Morocco and also within a multilateral framework,” he continued.

    The discussions also covered the financing of sports, “a topic of great importance since Morocco will host the 2030 World Cup,” he indicated, adding that this event will be an “exemplary” opportunity to put sports at the service of sustainable development goals.

    Mr. Rioux also expressed his great interest in “the vision and the role that the CDG will play in this great success that will be the 2030 World Cup.”

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