OPEC Fund Quarterly - 2025 Q2

CONTENTS

5-25

CHRONICLE OF CURRENT EVENTS Cover story Tourism and Development: How to make it sustainable

6-11  When paradise pays the price: How can tourism and sustainable development co-exist? 12-13  “A change of latitude would help my attitude”: Can a rapid switch to sustainable tourism be achieved? 14-17  How climate events are redefining our world in unexpected ways 18-21  Rethinking

migration and development in the MENA region

22-25  Dealing

Tourism and Development p 6-13

with debt for a fairer future across the Global South

IN OTHER SECTIONS

In the Field 26-27 The OPEC Fund in Zimbabwe: A delegation observes how trade is strengthening food security Spotlight 28-31 Interview Thomas Madreiter, Director of Urban Planning, City of Vienna: “The basis of all our activities is that no one should be left behind” Development News 32-33 New OPEC Fund projects in Bangladesh, Botswana, Burkina Faso, Côte d’Ivoire, Kenya, Malawi and Uzbekistan

Events 34-41 34–37  OPEC Fund Development Forum 38  SIDS Summit, Vienna 39

Review 42-45

Gernot Wagner: “The climate race is on, and despite the best attempts by some, there’s no going back”: An overview of the climate

 World Bank Spring Meetings, Washington, DC  Islamic Development Bank Annual Meeting, Algiers

40

economist’s latest book Climate Race: Collected Essays The Back Page 46 OPEC Fund training courses for member

41

Arab Monetary Fund Annual Meeting,

Kuwait; Joint workshop on Environmental and Social Safeguards with African Development Bank

countries’ representatives deepen understanding and cooperation

Photo: PeopleImages.com - Yuri A/Shutterstock

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