Partner profile

OPEC Fund for International Development

The OPEC Fund for International Development provides official development finance (ODF) to 3 recipients in the Pacific. The largest recipient is Papua New Guinea, which has received USD 38.0M since 2008. In 2024, ODF to the region from the OPEC Fund for International Development trended upward significantly (47%) compared to the previous year.

USD 53.6M Spent
USD 55.2M Committed
18 Projects
97% Status

OPEC Fund for International Development ODF to the region

Grants vs Loans

Spent, constant 2024 USD

03M6M9M12M15M2009201420192024
  • Grants
  • Loans
  • Grants vs Loans
  • Total spent

Sectors

Transport & Storage USD 35.2M 8 66%
Energy USD 10.8M 6 20%
Health USD 6.9M 3 13%
Multisector / Cross-cutting USD 632K 1 1%
Education USD 68.4K 1 0%
Industry, Mining & Construction USD 0 1 0%

Policy goals

ODF that targets climate action, disability inclusion, and gender equality

Climate financing over time

Spent, constant 2024 USD

20092012201520182021202400000000000000000
  • Principal
  • Significant

Disability financing over time

Spent, constant 2024 USD

20092012201520182021202400000000000000000
  • Principal
  • Significant

Gender financing over time

Spent, constant 2024 USD

20092012201520182021202400000000000000000
  • Principal
  • Significant
  • Total spent

Major projects

Sustainable Highlands Highway Investment Program (Tranche 2)

Spent USD 10.7M Comm. USD 0 Transport & Storage

Petroleum Bulk Storage Facility Project (Phase IV)

Spent USD 8.7M Comm. USD 0 Energy

Sustainable Highlands Highway Investment Program (Tranche 2)

Spent USD 6.6M Comm. USD 0 Transport & Storage

Lae Port Development project

Spent USD 6.4M Comm. USD 0 Transport & Storage

Rural Primary Health Services Delivery Project

Spent USD 5.5M Comm. USD 0 Health

Community Water Transport Project

Spent USD 3.9M Comm. USD 0 Transport & Storage

Petroleum Bulk Storage Facility Project (Phase IV)

Spent USD 1.3M Comm. USD 0 Energy

Petroleum Bulk Storage Facility Project (Phase III)

Spent USD 1.1M Comm. USD 0 Energy

National Interconnected Electricity System Upgrading Project

Spent USD 706.25K Comm. USD 0 Energy
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