3 The main targets that OPEC Fund operations contributed to under SDG 9 were 9.a and 9.1 (Table 9). Given the Fund’s strong support to infrastructure and MSME finance, SDG 9 has been a focus area of OPEC Fund support. Projects ap- proved since 2018 in support of SDG 9 include, for exam- SDG target
ple, a US$75 million loan for Bangladesh to improve regional connectivity by building a bridge, as well as a US$45 million loan for helping Turkmenistan to enhance the capacity and efficiency of maritime transport operations and to develop in-country shipbuilding capacity.
Table 9: Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation
% of contributing projects
Nr. of contributing projects
9.1 Develop quality, reliable, sustainable and resilient infra- structure, including regional and transborder infrastructure, to support economic development and human well-being, with a focus on affordable and equitable access for all 9.3 Increase the access of small-scale industrial and other en- terprises, in particular in developing countries, to financial services, including affordable credit, and their integration into value chains and markets 9.a Facilitate sustainable and resilient infrastructure develop- ment in developing countries through enhanced financial, technological and technical support to African countries, least developed countries, landlocked developing countries and small island developing States
56
21%
46
17%
93
34%
Under SDG 10, the main target supported by OPEC Fund op- erations is target 10.1 (Table 10), which focuses on reducing inequality by helping increase and sustain income growth for lower-income segments. The OPEC Fund has contributed to SDG 10 mainly through its support to agriculture and rural
development. Projects approved since 2018 in support of SDG 10 include a US$20 million loan for Senegal to develop agricultural value chains, infrastructure and capacity, and a US$15 million loan for Niger to strengthen the resilience of rural communities facing food and nutrition insecurity.
Table 10: Reduce inequality within and among countries
SDG target
% of contributing projects
Nr. of contributing projects
10.1 By 2030, progressively achieve and sustain income growth of the bottom 40 per cent of the population at a rate high- er than the national average 17
6%
10.2 By 2030, empower and promote the social, economic and political inclusion of all, irrespective of age, sex, disability, race, ethnicity, origin, religion or economic or other status 1
0.004%
31
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