OPEC Fund Annual Report 2023

05 | ANNEX

2023 POLICY-BASED COMMITMENTS

Country

Project title

Amount (US$MN)

Co- financiers*

Objectives

SDGs

Armenia

Green Inclusive and Sustainable Development Program

54.0

IBRD

Supporting policies for increasing climate resilience and mitigation through a series of reforms concerning energy efficiency, air quality standards and to finance environmental impact assessments Strengthening the government's crisis response, addressing regulatory constraints for a private sector recovery and building the foundations for sustainable, green growth Supporting policies for the promotion of sustainable and resilient growth by fostering the government’s capacity to plan climate action and promote energy transition Increasing public resources allocation for disadvantaged population through the strengthening of the efficiency and transparency of public spending in order to improve access to basic social infrastructure and social inclusion Supporting the implementation of policy reforms to promote climate action in the energy and financial sectors, strengthen the sustainability of public finances and safeguard the stability of the financial sector Supporting policy actions which include, among others, approving a national electric mobility strategy, updating the National Determined Contributions of the Paris Agreement and measures to protect water resources. Fiscal sustainability entails policy actions focusing on public spending and concrete actions to promote private-sector financing for public works

1, 3, 4, 7, 10, 11, 12, 13, 16, 17

Botswana

Botswana Programmatic Economic Resilience and Green Recovery

100.0 -

1, 7, 8, 9, 12, 13

Colombia

Support to Climate Action and Energy Transition Program

150.0 KfW, IADB, AFD, CAF, CABEI

1, 2, 5, 7, 8, 11, 13, 15

Côte d'Ivoire Economic and Social

74.0

AfDB

1, 2, 5, 6, 7, 8, 10

Reform Support Program (PARES Phase III)

North Macedonia

Sustainability and Resilience policy-based loan

54.0

IBRD

3, 5, 7, 8, 10, 11, 13, 16, 17

Paraguay

Policy-based loan for the Sustainable Development of the Republic of Paraguay

100.0 CAF

3, 8, 9, 13, 15, 17

Grand Total

532.0

75

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