CHAPTER 2
Four of the analyzed OPEC Fund projects contribute to a vari- ety of targets within SDG 15 - Life on Land (Table 15) . Projects approved within the analysis period include a US$150 million operation in Colombia that aims to foster sustainable land use by increasing the number of hectares of land using sustaina-
ble conservation systems (restoration, agroforestry systems, and sustainable forest management). Another example is the US$35 million loan to the Republic of Madagascar to reduce the reliance on wood and charcoal for cooking purposes, thus protecting the country’s forests and unique ecosystem.
Table 15: Project contributions to SDG 15
Nr. of contributing projects
% of contributing projects
SDG target
15.1 By 2020, ensure the conservation, restoration and sustain- able use of terrestrial and inland freshwater ecosystems and their services, in particular forests, wetlands, moun- tains and drylands, in line with obligations under interna- tional agreements 1 15.2 By 2020, promote the implementation of sustainable man- agement of all types of forests, halt deforestation, restore degraded forests and substantially increase afforestation and reforestation globally 2 15.3 By 2030, combat desertification, restore degraded land and soil, including land affected by desertification, drought and floods, and strive to achieve a land degrada- tion-neutral world 1
2%
5%
2%
15.b Mobilize significant resources from all sources and at all levels to finance sustainable forest management and provide adequate incentives to developing countries to advance such management, including for conservation and reforestation
1
2%
27
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