Since 1946, AFD has had a public service mandate to provide a reference public service provision for credit and social housing. In 2014, overseas France accounted for 19% of AFD's activity, i.e. EUR 1.55bn. AFD conducts several types of action in overseas France. Its activities are based on the following areas: financing and assisting public policies, advisory services for local authorities, promoting business competitiveness and job creation, supporting regional integration and action for sustainable development. This involves financing and supporting projects that improve living conditions for populations and promote economic growth, while preserving the environment. Thanks to its financing, its expertise and its knowledge production, it assists the local public sector, finances companies, housing and urban development, and supports regional cooperation.