The OPEC fund for
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The OPEC Fund
for International
Development
  1. Focus Areas
  2. Energy

Focus Areas

  • Overview
  • Agriculture
  • Education
  • Energy
  • Financial
  • Health
  • Industry
  • Infrastructure
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Energy

Progress has been made on ensuring access to affordable, reliable and modern energy for all under Sustainable Development Goal 7, thanks to better electrification rates – particularly in the least developed countries – and improvements in industrial energy efficiency and gains made in renewable energy. However, the Sustainable Development Goals Report 2019 by the United Nations is clear that national priorities and policy ambitions still need to be strengthened to put the world on track to meet energy targets for 2030.

The OPEC Fund has long focused on supporting access to energy, worldwide. In 2019, US$515.7m was approved for operations in the energy sector.

Commitments by Region

Total commitments: US$ 3,700.83m

  • Africa
  • Asia
  • Latin America & Caribbean
  • Global
Amounts under US$.09m may not be reflected in this chart.

Commitments by Financing Types

Total commitments: US$ 3,700.83m

Public Sector 78.44 %
Private Sector & Trade Finance 20.23 %
Grants 1.33 %

Operations

INTEGRATED GROWTH POLES’ ENERGY ACCESS ENHANCEMENT PROJECT, PHASE II (PIC 2.2)

Approved
16.12.2020
Country
Madagascar
Focus Area
Energy
Status
Ongoing

Rwanda Universal Energy Access Project

Approved
16.12.2020
Country
Rwanda
Focus Area
Energy
Status
Ongoing

OPEC Fund Annual Award 2020

Approved
10.06.2020
Country
Haiti
Focus Area
Energy
Category
Research and similar intellectual activities
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Stories & Videos

New power plant will contribute to reducing Côte d’Ivoire’s generation costs and GHG emissions

Energy in Côte d’Ivoire

Stories

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OFID partners with Armenia

Video

The OPEC Fund and renewable energy

Story

Focus Areas

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Who we are
  • At a Glance
  • Member Countries
  • Facts & Figures
  • The Organization
  • Partners
  • FAQs
What we offer
  • Overview
  • Public Sector Lending
  • Private Sector & Trade Finance
  • Grants
  • Beyond the Scope
Focus Areas
  • Overview
  • Agriculture
  • Education
  • Energy
  • Financial
  • Health
  • Industry
  • Infrastructure
  • Multisectoral
  • Telecommunications
  • Transportation
  • Water & Sanitation
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News & Stories
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The OPEC Fund
for International
Development
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