SUSTAINABLE DEVELOPMENT
Cumulative number of people reached by implemented projects
To institutionalize such convergence, the OPEC Fund proposes that MDBs issue a joint technical note, under existing coordination platforms, codifying core definitions (e.g. beneficiary, access, baseline), attribution rules, principles for conversion factors, eligible activity types and agreed approaches to aggregation and the avoidance of double counting. In sum, harmonization should be understood not as standardization, but as a meta framework for disciplined measurement and comparison. By formalizing convergence around shared principles while preserving methodological differentiation, MDBs can strengthen accountability, support better investment decisions and credibly demonstrate progress toward global water security targets. This approach provides a pragmatic and analytically robust pathway to enhancing development effectiveness across the water sector without undermining the complexity and diversity that characterize water interventions in practice.
Note: Completed or reached early operational maturity between 2018-2025
People (millions)
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1
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2018
2019
2020
2021
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2023
2024
2025
Wool and Mohair Promotion Project, Lesotho Completed 2023 Financing US$38.9 MN • US$12 million OPEC Fund • US$18.6 million IFAD (loan & grants) • US$4 million Government • US$4.3 million Local private sector and beneficiaries
Impact • The project reached more than 52,000 households (around 234,000 people) and trained more than 6,000 farmers in improved livestock practices, while about 13,000 rural producers accessed production inputs. • Productivity improvements helped farmers increase profits: 72 percent of wool producers and 80 percent of mohair producers reported income gains.
Results • Placing 547,491 hectares of rangeland under
An additional US$1 billion was pledged by the OPEC Fund
climate‑resilient management. • Climate‑smart rangeland work included brush control on 677.6 ha, reseeding of 169.7 ha. • Installation of 1,247 km of soil‑erosion control structures. • Establishment of 20 long‑term monitoring (LDSF) sites. • Water access improved through provision of water supply to 40 shearing sheds, construction of 11 livestock drinking points and wetland protection that boosted spring discharge and seasonal streamflow.
for Water Forward.
• Productivity gains were recorded in fibre quality:
superior wool increased from 11.24% at design to 24.9% at completion, and mohair yield rose from 0.75 kg/head to 1kg/head.
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