Contribute to reducing poverty in developing countries. Promote sustainable human development in developing countries, strengthening the capabilities of partner countries.
Contribute to peace, freedom and human security, promoting respect for human rights and the development of democratic systems. Enhance social cohesion through the promotion of and support for public policies related to good governance in developing countries. Contribute to achieving the aims of the Millennium Declaration and the Millennium Development Goals adopted at the UN Millennium Summit in 2000. Similarly, contribute to achieving the aims to be determined at future UN Development Summits and ratified by the Spanish government. Strengthen gender equality in developing countries, through cross-sectoral activities and programs, cooperation projects and the promotion of equality-oriented policies.
Contribute to improving environmental quality in developing countries through cross-sectoral activities and programmes, cooperation projects and the promotion of environment-oriented policies. Reinforce humanitarian action, encompassing both prevention and care in emergency situations and in reconstruction. Promote the role and culture and knowledge in development, with particular attention to promoting respect for cultural diversity.
Combating poverty is the main goal of the Spanish Agency for International Development Cooperation (AECID).
The Fund for the Promotion of Development (FONPRODE) makes a set of instruments available to the Spanish Cooperation, involving both reimbursable transactions—basically loans and capital transactions—and donations, in order to contribute to achieving this goal.
FONPRODE is a dedicated instrument at the service of the entire Spanish Cooperation system, exclusively dedicated to operations of an untied nature. Its fundamental goals are eradicating poverty, reducing social inequalities and inequities between people and between communities, promoting gender equality, defending human rights, and achieving the sustainable human development of impoverished countries.
FONPRODE was created in 2010 and has taken over the actions approved both by the former Development Aid Fund (FAD)—which are attributable to the Ministry of Foreign Affairs and Cooperation—and by the Microcredit Fund (FCM).