OPEC Fund Quarterly - 2026 Q2

EVENTS

Grenada, a Small Island Developing State (SIDS) in the Caribbean. A delegation led by Public Sector Regional Director Luiscela Moreno attended the IDB Annual Meeting in Asunción, Paraguay, on March 11-14. The OPEC Fund team had highlevel engagements with representatives from 15 countries and 7 development finance institutions to discuss avenues for co- financing. The meetings covered ongoing operations, new financing requests and opportunities for re-engaging in countries and deepening collaboration. The delegation also paid institutional visits to the host country Paraguay and met with private sector partners.

By end-2025, the OPEC Fund had co- financed 68 projects with IDB, contributing US$833 million for a total amount of US$8.3 billion.

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