Operations rated satisfactory or above during implementation (%)

Definition

Project implementation rating assesses the effectiveness of project implementation. This metric focuses on implementation progress, project management, financial management and social and environmental safeguards. The performance ratings indicator provides a share of ongoing operations portfolio in terms of value of commitments with a rating of "satisfactory" (B) and "very good" (A) at the end of the reporting period. Currently  shown for the public sector only given differences in methodology between the public and private sector ratings. Upon development and implementation of relevant methodology for the private sector, implementation results for the private sector will be considered as well.

Why it matters for the OPEC Fund

This indicator reflects the quality and effectiveness of the OPEC Fund’s project implementation, ensuring that high standards are maintained and areas for improvement are identified in a timely manner.