Development Effectiveness Report 2022

3 Each SDG features a variety of concrete underlying targets, describing the drivers behind the achievement of the goals. To provide a better understanding of the SDG aspects sup- ported by OPEC Fund-financed projects, the below sections show contributions by specific SDG target. The sum of pro- jects contributing to the targets under each SDG can sum to more than the total number of projects per SDG because projects often contribute to more than one SDG target. Under SDG 1, OPEC Fund operations mainly contributed to targets 1.2 and 1.4 (Table 1) . Fund-supported projects contributing to SDG 1 typically aim to reduce poverty by improving access to basic healthcare, education, and other services; by helping farmers improve their livelihoods; or by supporting policy reforms. Projects approved since 2018 that contribute to SDG 1 include, for example, a US$50 million loan in continued support of multi-pronged poverty reduction pro- grams in Tanzania, as well as a US$23 million loan for helping El Salvador upgrade gravel roads to ensure all-weather access to basic services in high-poverty rural areas. Table 1: End poverty in all its forms everywhere Nr. of contributing projects % of contributing projects 1.2 By 2030, reduce at least by half the proportion of men, women and children of all ages living in poverty in all its dimensions according to national definitions 41 15% 1.3 Implement nationally appropriate social protection systems and measures for all, including floors, and by 2030 achieve substantial coverage of the poor and the vulnerable 1 0.4% 1.4 By 2030, ensure that all men and women, in particular the poor and the vulnerable, have equal rights to economic re- sources, as well as access to basic services, ownership and 31 11% SDG target

control over land and other forms of property, inheritance, natural resources, appropriate new technology and financial services, including microfinance

1.a Ensure significant mobilization of resources from a variety of sources, including through enhanced development cooperation, in order to provide adequate and predictable means for developing countries, in particular least devel- oped countries, to implement programs and policies to end poverty in all its dimensions 24

9%

24

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