CHAPTER 2
Two OPEC Fund projects examined in this report contribute to SDG 12 - Responsible Consumption and Production (Table 12) . A US$25 million loan to the Republic of Niger aids the development of a solar plant and the expansion of electricity access, including the development of technical studies on the electrification
in decentralized systems of green mini-grids and on the manufacture and dissemination of solar cookers as clean cooking options. The other operation is a US$50 million policy-based loan to the Republic of Armenia which in- cludes a prior action on climate risk screening for public investment decisions.
Table 12: Project contributions to SDG 12
Nr. of contributing projects
% of contributing projects
SDG target
12.7 Promote public procurement practices that are sustain- able, in accordance with national policies and priorities
1
2%
12.a Support developing countries to strengthen their scientific and technological capacity to move towards more sustain- able patterns of consumption and production 1
2%
Under SDG 13 - Climate Action, targets 13.1 and 13.2 (Table 13) are the highlights for the OPEC Fund during the timeframe of the report. One example of promoting renewable energy and climate action includes a US$20 million policy-based loan in Seychelles that lays the groundworks for ensuring that planning decisions are informed by an analysis of natural
hazard and climate risks. Another example is a US$100 million policy-based loan to the Republic of Paraguay that integrates climate change measures into the country’s mo- bility strategy (electrification of transport), water resources law (protection of water resources), and energy production policy (sustainable certified biomass).
Table 13: Project contributions to SDG 13
Nr. of contributing projects
% of contributing projects
SDG target
13.1 Strengthen resilience and adaptive capacity to climate-re- lated hazards and natural disasters in all countries 3
7%
13.2 Integrate climate change measures into national policies, strategies and planning 8
19%
13.b Promote mechanisms for raising capacity for effective climate change-related planning and management in least developed countries and small island developing States, including focusing on women, youth and local and margin- alized communities
1
2%
25
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