Grants

The OPEC Fund’s grants target development initiatives aimed at building public goods, strengthening the capacities of beneficiary countries and addressing the specific needs of the most vulnerable and disadvantaged groups within these nations. 

It focuses on the least-developed countries and development initiatives that cannot be supported through loans or other financing mechanisms. The OPEC Fund’s grants also provide emergency relief aid in response to natural and human-caused disasters, as well as to health crises.  More than US$2m was approved during 2019.