From March 1st - 3rd, Mr. Pascal Pacaut, Director for the Asia Region at the French
Agency for Development (AFD) visited Pakistan on a three-day mission. He had the
opportunity to meet with the Minister for Climate Change and with representatives of the
Ministry of Planning, the Ministry of Finance, the Ministry of Water and Power and the
Economic Affairs Division. He mainly discussed future AFD assistance strategy for Pakistan
and issues related to the implementation of the ongoing portfolio of projects.
He also met with funding partners to explore new opportunities of joint financing in
Pakistan.
The French Agency for Development, a public development bank owned by the French
government, finances projects in more than 90 countries on four continents. AFD started
operating in Pakistan in 2006 and has since committed more than 370M€, mainly for
investments in green energy, especially hydro electricity generation. AFD is, among others,
funding the rehabilitation of hydro power plants in Warsak, Dargaï, Chitral and the
construction of Jaggran II and Harpo power plants.
Two months after the Paris Climate Conference 2015 (COP21), France continues to
stress its support for a green and low-carbon development in Pakistan and extends its help to
address both the challenges posed by energy supply and climate change.
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