Climate Finance Report 2025

Chapter 2 | STRATEGIC FRAMEWORK & COMMITMENT

Under the Strategic Framework 2030 the OPEC Fund’s financing solutions are channeled across a set of operational priorities that respond to the development needs of its partner countries:

Building Infrastructure

Developing Human Capital

Institutional modernization, economic and disaster resilience, public finances and policy support Enhancing Institutional Capacity

Promoting Private Sector & Trade

Improved connectivity, water & sanitation and digital infrastructure, enhanced access to energy and social infrastructure

Human capital development, social inclusion, health, education and training

Support for private sector development, access to financial services, trade finance & industry

CROSS-CUTTING PRIORITIES

Response to rising Food Security and Rural Development challenges • US$2 billion over 2025-2030 • Continued prioritization as a cross­ cutting theme of operations to 2030 Bolstering Food Security

Driving Climate Action

Support for Climate Mitigation, Adaptation & Nature Based Solutions

• 25% of operations by 2025 • 40% of operations by 2030

These operational priorities represent an integrated approach to sustainable development. They reflect the institution’s intent to address both the immediate needs and structural constraints faced by partners, while enabling long-term trans- formation and resilience.

Crucially, climate action serves as a cross-cutting priority across all areas of operations. Recognizing the interde- pendence between climate and development, the OPEC Fund’s Climate Action Plan commits to increasing the proportion of climate finance in its overall portfolio to 40 percent by 2030 and to mainstreaming climate consid- erations throughout the project cycle. While this target remains a cornerstone of our strategic direction, we have

drawn important lessons from recent years and are in the process of updating our targets to remain ambitious and responsive to evolving global needs. This strategic orientation ensures that climate resilience and low-carbon development are embedded in all sectors of engagement — from sustainable agriculture and energy transitions to infrastructure investment, institutional reform and private sector growth.

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