Development Effectiveness Report 2022

Over the last 47 years, the OPEC Fund has provided more than

The OPEC Fund is proud of its commitment to continuous learning and development, which we are now applying to the design, delivery and monitoring of all our new projects. Over the last 47 years, the OPEC Fund has provided more than US$22 billion of its own funds across more than 4,000 projects in support of sustainable development where it is needed the most. At the same time, we have been part of much greater resource mobilization thanks to our de- velopment partners: Roughly four out of five operations are co-financed. By leveraging financing and increasing the number of players at the development table, we work towards the final, yet still critical, of the 17 SDGs: Partnering for the Goals. As demands grow, we are committed to also expand our activities and deepen our impact. Our annual Development Effectiveness Report will become an important yardstick for measuring success in full transparency and accountabil- ity towards our members and partners and the public alike.

US$22 billion of its own funds across more

than 4,000 projects in support of sustainable development where it is needed the most.

DR. ABDULHAMID ALKHALIFA

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