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- Who We Are
- Partners
Partners
Since its inception in 1976, the OPEC Fund has always placed a special emphasis on cooperation. Although comparatively small, the institution has a proud history of mobilizing external resources.
Working together with partner development institutions, governments and the private sector, the OPEC Fund targets key development priorities aligned with the Sustainable Development Goals (SDGs) through co-financing. Roughly four out of five operations are co-financed. The OPEC Fund’s structure allows it to swiftly respond to urgent challenges and join collaborative efforts, creating synergies, sharing knowledge and extending impactful financing where and when needed.
The OPEC Fund continues to expand its partnerships by enhancing its strategic and operational cooperation and co-financing public and private sector projects that contribute to sustainable development. The OPEC Fund actively engaged in the discussion about the future development funding architecture and used numerous top level meetings for promoting the South-South perspective.
For a list of our recent partners, see our latest Annual Report.
The Arab Coordination Group
The Arab Coordination Group (ACG) is a strategic alliance that provides a coordinated development finance response. The ACG's collective efforts contribute to the sustainable development of societies around the world in a range of areas from infrastructure to healthcare. The institutions part of the group are:
- Abu Dhabi Fund for Development
- Arab Bank for Economic Development in Africa
- Arab Fund for Economic and Social Development
- Arab Gulf Programme for Development
- Arab Monetary Fund
- Iraqi Fund for External Development
- Islamic Development Bank
- Kuwait Fund for Arab Economic Development
- The OPEC Fund for International Development
- Qatar Fund for Development
- Saudi Fund for Development