OPEC Fund Quarterly - 2026 Q3

CONTENTS

5-29 OUR MAIN FEATURES Cover story The fertilizer crunch: What are the global risks to agriculture, markets and food systems

6-8  How fertilizer policies could exacerbate the Hormuz crisis 9-11  Ruth Hill, International Food

Policy Research Institute: “Global food production will remain vulnerable to shocks”

12-13  Why small island developing states face collateral damage 14-15  Putting wind in the sails of trade: The OPEC Fund’s E-STAR facility 16-17  Friendshoring: Keeping global trade alive in turbulent times 18-21  Annina Kaltenbrunner, Leeds University Business School: “Improving development outcomes requires addressing structural features” 22-24  Khalid Khadduri, OPEC Fund: “Agility is the ability to respond quickly to evolving needs” 25-27  The perfect storm is coming: How an obsession with digitization could leave us all vulnerable 28-29  Adebayo Babalola, OPEC Fund:

The fertilizer crunch p 6-11

“Partnerships, delivery and the future of development finance”

Photo: IFDC

IN OTHER SECTIONS

In the Field 30-31

Development News 38-39 OPEC Fund projects supporting sustainable development Events 40-45 US$1 billion water pledge, Climate Solutions Week,

Review 46-49

Helping Côte d’Ivoire become an upper-middle-income nation Spotlight 32-37 The OPEC Fund Development Forum marks 50 years of partnership and impact

How Africa Works : Our reviewer finds reasons for optimism The Back Page 50 The OPEC Fund Private Sector Department welcomes the Austrian business community

the energy trilemma... and more

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