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The Annual Award for Development (AAD) recognizes outstanding contributions to sustainable development by organizations and individuals.
Awards are given in three categories: Transformational Impact, Innovation for Development and Youth Entrepreneurship—with a total prize value of US$800,000. The AAD celebrates innovation, measurable impact and South–South cooperation, recognizing initiatives that deliver tangible, scalable and lasting results for people and communities.
Award Categories
- Transformational Impact Award - US$450,000
Recognizes public institutions and development agencies delivering high-impact programs in OPEC Fund partner countries. - Innovation for Development Award - US$250,000
Honors startups, private companies, social enterprises and research institutions advancing innovative solutions to development challenges in OPEC Fund partner countries. - Youth Entrepreneurship Award - US$100,000
Celebrates entrepreneurs under 30 years of age driving solutions in renewable energy, food security or climate action in OPEC Fund partner or member countries.

