OPEC Fund Quarterly - 2024 Q2

EVENTS

and workshops. Participants from, among others, the African Development Bank (AfDB), Asian Development Bank (ADB), UNIDO, World

Leonore Gewessler, Austria's Minister for Climate Action

Food Programme, Sustainable Energy for All, Clean Cooking Alliance and International Fund for Agricultural Development, discussed clean cooking and ways to triple renewables by 2030 under the slogan: “Making it happen.” The final two days were dedicated to a joint OPEC Fund/ADB workshop on nature-based solutions. Both institutions launched a Nature Solutions Finance Hub at COP28 in December 2023 to scale up the flow of finance into conserving and protecting nature and biodiversity loss in the Asia & Pacific region. Together with finance

The OPEC Fund’s inaugural Climate Solutions Week attracted senior representatives from many development institutions

The Climate Solutions Week also included the presentation of the OPEC Fund’s 2023 Award for Development to the Dhaka Ahsania Mission, a non- governmental organization that

and technical partners, ADB aims to catalyze at least US$2 billion by 2030 from public and private sources for nature-based solutions.

supports underprivileged women and smallholder farmers in Bangladesh. OPEC Fund President Alkhalifa praised the organization: “Your work is critical in a country where agriculture supports every second livelihood and faces severe challenges from climate change.”

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