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On 8 January 2004, Agençe Française de Développement (AFD) became the first
public development institution to embrace the Global Compact and the nine
principles.
In a letter to UN Secretary-General Kofi Annan, AFD
Director-General Jean-Michel
Severino pledged to give his full support to
the Global Compact and committed to integrating the nine principles into the
operations of his organization.
AFD’s participation in the Global
Compact is a reflection of the growing recognition of the benefits to be gained
when development activities are underpinned with a value-based approach.
