OPEC Fund Annual Report 2024

05 | THE ANNEX

Country

Project title

Amount (US$MN)

Beneficiary organization

Objectives

SDGs

Reg. Asia

Enhancing Outcomes of the Nature Solutions Finance Hub (NSFH) for Asia and the Pacific

1.50

ADB

Developing innovative financing models and instruments, identifying and designing potential projects and programs and supporting partner countries to adopt and scale up nature-based solutions and nature-positive investments across Asia and the Pacific

1, 2, 6, 13, 15

Reg. LAC Pilot Technical Assistance Facility

0.75

FONPLATA Fostering economic development by supporting the preparation of

8

downstream investment projects to ensure implementation readiness

Sierra Leone Establishment of Sierra

0.20

Government of Sierra Leone

Designing and operationalizing the hub, preparing strategy and investment projects and capacity building

7, 13

Leone Climate Finance and Energy Innovation Hub

Somalia

Budget Support Grant

3.03

Government of Somalia

Promoting financial sustainability via the completion of several key structural reforms and social measures

8, 9, 16, 17

Somalia

Sustainable Management of Agroforestry Resources with Technology for Clean Cooking (SMART Clean Cooking)

3.03

Government of Somalia

Transitioning households to cleaner cooking solutions and developing more sustainable livelihoods for rural communities relying on agroforestry outputs. A subcomponent will develop two nurseries producing at least 10,000 seedlings

7, 8, 9, 12, 13, 15, 17

Grand Total

13.82

*In addition to recipient country governments, beneficiaries. Co-financing information is based on the time of project approval

85

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