INTRODUCTION
US$30 BILLION IN 125 COUNTRIES The OPEC Fund’s financing approaches contributing to poverty alleviation, sustainable infrastructure development and climate action.
While outputs are important, outcomes are crucial. The OPEC Fund has developed tools to measure our impact and adjust our approach to prepare operations for increased development impact. In recent years, we have put in place a comprehensive results framework. Building on this we are preparing the launch of the OPEC Fund Results Framework indicators. This will be a major step in further guiding the OPEC Fund toward increased impact in our partner coun- tries, while fulfilling our obligations towards our member countries and investors. The OPEC Fund Development Effectiveness Report pro- vides a detailed account of how the institution delivers on its mandate and uses its funds as prudently and effective- ly as possible. In so doing we confirm our commitment to achieving sustainable and impactful development for all.
ABDULHAMID ALKHALIFA
OPEC FUND PRESIDENT
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