OPEC Fund Annual Report 2023

01

THE HIGHLIGHTS

At a Glance

8

Foreword by the President

10

The Inaugural OPEC Fund Bond

12

Climate Action Plan 

14

Private Sector @25 

16

Development Effectiveness 

18

Strategic Framework 2030 Update 

20

02

THE OUTLOOK

Economic Outlook

24

Development Finance Architecture

26

03

THE RESULTS

Operational Highlights

30

Delivery by Sectors

Nourishing Zimbabwe

34

Recasting education in China

36

Ramping up renewables across Uzbekistan

38

Channeling on-lending across Albania

40

Modernizing healthcare in the Caribbean

42

Reconnecting the Kyrgyz Republic

44

Quenching thirst across Mauritania

46

Other Funding

Powering the energy transition with IRENA

48

Driving green growth across Botswana

50

Keeping staple imports flowing to Egypt

52

04

THE ORGANIZATION

About the OPEC Fund

56

Our Members

59

Our Governance

60

Our Partners 

64

Our Staff 

66

Our New Headquarters 

67

05

ANNEX

70

Powered by