1. Results Framework
  2. Level 3 – Operations
  3. Grant Financing

Grant Financing

Definition

Total volume of grant financing committed, at the end of the reporting period.

Why it matters for the OPEC Fund

Grant resources are a crucial instrument to enhance the impact, preparation or implementation of OPEC Fund operations and initiatives, as well as to offer blended or other innovative financing solutions for the benefit of fostering development in OPEC Fund partner countries. The OPEC Fund uses grant resources selectively to ensure that this scarce resource adds maximum value when deployed.