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5 A host of questions for AFD<br />

In the “Babel 3.0” and “Aligning Aspirations” scenarios, and especially in the “Greening<br />

without States” scenario, these new influential players have a preponderant role not only<br />

in driving mobilization around shared visions of the world extending beyond national<br />

borders, but also in global governance, which also goes far beyond their local scope of<br />

action.<br />

Other donors<br />

In recent years, newcomers who are “competitors” (17) or “co-producers” in the development<br />

support arena have emerged, and this trend is set to continue overall. They include<br />

local or international private actors, NGOs and think tanks, as well as informal but<br />

connected actors. Their growing importance is yet another sign that the centers of<br />

influence, decision-making and power are increasingly atomized. For AFD, this trend –<br />

which runs through most of the scenarios – raises the question of how the Agency can<br />

adapt to the rise of these new actors, but also of how it can position itself vis-à-vis<br />

the trajectories followed by its traditional development finance partners and other<br />

counterparties.<br />

A recent retrospective glance confirms that the business model of national or international<br />

public development banks is relatively sound. This type of actor tends to be on the rise<br />

in both the Global North and South. It is rather the traditional actors, particularly the<br />

multilaterals like the World Bank and the United Nations agencies, that may be the<br />

most vulnerable in the forthcoming years, above all owing to the difficulties in<br />

changing their governance and to the weight of their past. Although their action is<br />

potentially decisive in the “Impasse” and “Aligning Aspirations” worlds, this is less clearcut<br />

in the other scenarios, where they are crowded out by private actors, regional and<br />

emerging country organizations, or international coalitions of development financiers. (18)<br />

“The catalytic efforts of national development banks will be crucial in a turbulent world<br />

where the efficacy and adequacy of big multilateral institutions (such as the UN and<br />

the World Bank) will be more and more challenged.” Prof. Irving Mintzer, Johns<br />

Hopkins University.<br />

‐<br />

Foresighting for Development<br />

Development agencies, steering through future worlds. Afd2025<br />

I<br />

The traditional bilateral donors, particularly European, have recently opted for a sharp<br />

increase in their activities. This is particularly the case of DFID (the UK has decided to<br />

implement its ODA target of 0.7% of GDI). Other OECD countries like Korea have also<br />

decided to move into the development assistance field, as a vector of influence. This<br />

inter-state competition through development assistance is very present in the “Babel 3.0”<br />

scenario, where development models compete with one another.<br />

17/ In the “development industry,” relations with other donors are based on cooperation and coordination efforts, but<br />

competition is well and truly present. Some even refer to “coopetition.”<br />

18/ The creation of the BRICS Bank, and more so of the AIIB, represent weak signals. Another illustration is the increasingly<br />

influential positioning on the international scene of the International Development Finance Club (IDFC), which brings<br />

together twenty-three of the world’s major national, bilateral and regional development banks, including AFD.<br />

67

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