PROJECT OPEC FUND RESULTS
The previous chapters described how the OPEC Fund deploys its resources in its mission to support develop- ment around the globe, and to what extent projects are aligned to the SDGs. To assess the extent to which OPEC Fund resources have helped to change people’s lives, it is necessary to look at their actual development results. In an effort to gain more insights on the effects of its work, the OPEC Fund undertook a comprehensive review of the documented main results of all OPEC Fund projects at
completion (public sector) or, for the private sector, early operating maturity 10 (EOM) between 2018 and July 2022. 11 The OPEC Fund will undertake this stocktaking exercise on an annual basis and present its results in each year’s Development Effectiveness Report.
Figure 14 (below) provides a snapshot of the main develop- ment results of all analyzed operations gathered on the basis of available information.
Figure 14: Main documented development results of OPEC Fund projects completed/reaching EOM 2018-mid-2022
16.9 million population benefiting from health projects 12
10,853 km roads built/ Rehabilited
410,429 women empowered
117 health care facilities built/upgraded
1.76 million farmers benefited
240,409 households with new or improves water connections
2.86 million households with new electricity connections
413,250 people trained
137,352 jobs supported
US$2.1 bn in trade facilitated
15,723 km transmission lines built/rehabilitated
167 educational facilities built/ upgraded
3.77 GW in energy capacity installed or refurbished (of which 334 MW renewable)
342,096 MSMEs financed
82,282 students benefited
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