OPEC Fund Annual Report 2024

05 | THE ANNEX

2024 GRANTS

Country

Project title

Amount (US$MN)

Beneficiary organization

Objectives

SDGs

Azerbaijan Technical Assistance in support of The Azerbaijan Green Transition Plan

0.38

ADB

Creating a green transition plan for the country, conducting an export value chain assessment, pinpointing key elements essential for sustainable and inclusive growth and preparing a clean air plan Recognizing the wide-ranging work of the Dhaka Ahsania Mission which supports underprivileged women and smallholder farmers across Bangladesh Enhancing project quality and ensuring a high level of implementation readiness, including compliance with environmental and social safeguards Financing promising activities of small and medium-sized enterprises involved in food crops marketing, agro-processing and other activities along the agriculture value chain Developing a comprehensive knowledge base that provides high-quality data and information on different development sectors and themes on the Arab World This seed grant facility, with additional funding mobilized from multilateral development banks, development finance institutions and other donors seeks to mobilize US$500 million in investments by 2030 and will kick-off with pilot initiatives in Sub–Saharan Africa Safeguarding the livelihoods, economic stability and well-being of communities in these vulnerable regions by providing financial and technical assistance for infrastructure, disaster risk management and sustainable energy transition Increasing the pipeline of bankable projects in order to achieve the Energy Transition Accelerator Financing (ETAF) target of funding the implementation of 1.5 GW of new renewable energy technologies by 2026 Providing an integrated assistance package and covering basic needs, including shelter, multi-purpose cash, health, protection, community engagement and disaster risk reduction

2, 7, 8, 9, 13

Bangladesh OPEC Fund Annual Award for Development

0.10

DAM

2, 5, 8, 10

Chad

Technical Assistance for the Preparation of the Rice Farming and Development Project in Chari-Logone

0.04

Government of Chad

2

Gambia

Feasibility Studies for RIDP II

0.23

Government of the Gambia

2, 8

Multiregional

Arab Development Portal Phase V

0.36

AFESD

16, 17

Multiregional

OPEC Fund's Food Security and Climate Adaptation Facility

3.00

WFP

1, 2, 3, 10, 13, 17

Multiregional

OPEC Fund Island Resilience Facility - OECS

0.28

OECS

1, 7, 8, 16, 17

Multiregional

Support for IRENA ETAF Platform

0.40

IRENA

7

Nigeria

Emergency Aid Grant in response to the humanitarian crisis caused by the floods in Nigeria

0.50

IFRC

1, 2, 3, 6

Oman

Consultant services for the Sultan Faisal bin Turki Road (Khasab-Daba-Lima Road) Project in the Sultanate of Oman

0.04

Government of Oman

Assisting the preparation of the project to construct a 70 km all-weather road linking the northern and southern parts of the country's exclave 9

84

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