CHAPTER 2
TWO OR MORE GOALS. July 2022 to June 2023 contribute to at least one SDG, with a majority (60 percent) supporting The review found that all OPEC Fund-approved projects in the period from
SDG 8 - Decent Work and Economic Growth is the top goal that reviewed OPEC Fund operations are expected to con- tribute to; 31 projects (72 percent of all reviewed) specifi- cally reflect the OPEC Fund’s strong support for economic growth and development (Figure 3) . 4 There is a wide vari- ety of projects aligning with this SDG, most notably in the banking sector (13 of the 31) to enable access to finance for MSMEs and international trade. This is followed by pol- icy-based loans (6 of 31), multisector (4 of 31) and agricul- ture (3 of 31) projects. The second and third leading goals were SDG 9 - Industry, Innovation and Infrastructure with 26 percent of projects contributing, followed by SDG 1 - No Poverty with 23 percent of projects contributing. For all SDG contributions, see Figure 3 below and Tables 1–17 overleaf.
Figure 3: Number of projects contributing to each SDG
SDGs
SDG 8
31
11
SDG 9
SDG 1
10
SDG 13
9
9
SDG 7
SDG 5
7
SDG 3
7
SDG 2
7
SDG 17
5
5
SDG 4
SDG 11
4
SDG 15
3
2
SDG 16
SDG 12
2
SDG 10
2
SDG 6
2
SDG 14
1
Nr. of projects
Note: The analysis covered the 43 projects approved between July 2022 and June 2023. Numbers sum to more than the total number of projects as most operations contribute to more than one SDG.
15
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