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OPEC Fund launches US$1.5 billion initiative to support economic stability, trade and resilience

Initiative to help partner countries manage rising economic pressures linked to energy, commodity and trade disruptions.
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Building infrastructure for better tomorrow
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Strengthening food security and resilience
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Supporting climate adaptation and preparedness
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OPEC Fund advances partnerships and climate resilience agenda at World Bank/ IMF Spring Meetings

Led by President Abdulhamid Alkhalifa, the delegation is engaging with development partners to strengthen coordination and scale up support for countries facing growing economic and climate pressures.
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OPEC Fund Joins Water Forward with additional US$1 billion pledge by 2030

Announcement made as OPEC Fund joins global water security coalition at World Bank Spring Meetings
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Accelerating water-climate ideas into bankable projects
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Accelerating water-climate ideas into bankable projects

OPEC Fund launches Green-Blue Connect Accelerator and advances water resilience at Climate Solutions Week 2026
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Our greatest achievement is the sheer scale of impact

Hamad S. Al-Bazai has been Chairman of the OPEC Fund’s Governing Board since 2017.
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Climate Solutions Week opens with call to deliver

Global leaders and experts gathered this week for Climate Solutions Week, hosted by the OPEC Fund in Vienna, to tackle one of the most pressing challenges of our time.
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OPEC Fund approves US$890 million in new financing to advance sustainable development
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The History of the OPEC Fund: Transforming for the Future – The Alkhalifa Era (since 2018)

Part 5 of 5
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The History of the OPEC Fund: Venturing into New Frontiers – The Al-Herbish Era (2003-2018)

Part 4 of 5
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The History of the OPEC Fund: From the South, For the World – The Abdulai Era (1983-2003)

Part 3 of 5
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The History of the OPEC Fund: The Founding Years – The Shihata Era (1976-1983)

Part 2 of 5
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Building Tomorrow, Today: The History of the OPEC Fund

For 50 years, the institution has delivered what is needed, where it is needed and when it is needed. Now, it is well-positioned to take on an even greater role in global development financing partnerships
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Expanding access to finance for SMEs in the DRC
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Our past shapes who we are today and inspires who we can become tomorrow
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The OPEC Fund at 50: “The greatest threat to our planet is the belief that someone else will save it.”

As the OPEC Fund marks its 50-year anniversary, here’s a look at some of the key moments in our half-century of service to the countries most in need
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OPEC Fund Approves US$600 Million for 15 Projects | Inclusive & Resilient Development

Media Contacts & Downloads

Access official media contacts, press materials, and downloadable resources from the OPEC Fund.

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