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 recieved $19.3M since 2008. In 2022, ODF to the region from the OPEC Fund for International Development trended upward significantly (77%) compared to 2020 levels.

$32.6M Spent
$52.0M Committed
12 Projects
63% Status

OPEC Fund for International Development ODF to the Pacific

Grants vs Loans

Spent, constant 2022 US$

03M6M9M12M2010201420182022
  • Grants
  • Loans
  • Grants vs Loans
  • Total spent

Sectors

Transport & Storage $16.7M 4 51%
Energy $9.3M 5 29%
Health $6.5M 1 20%
Education $64.5K 1 0%
Industry, Mining & Construction $0 1 0%

Policy goals

ODF that targets climate and gender equality

Climate financing over time

Spent, constant 2022 US$

200820102012201420162018202020220300K600K900K00000000000000
  • Principal
  • Significant

Gender financing over time

Spent, constant 2022 US$

20082010201220142016201820202022000000000000000
  • Principal
  • Significant
  • Total spent

Major projects

Lae Port Development project

Spent $6.4M Comm. $0 Transport & Storage

Community Water Transport Project

Spent $3.9M Comm. $0 Transport & Storage

Petroleum Bulk Storage Facility Project (Phase IV)

Spent $2.7M Comm. $0 Transport & Storage

Petroleum Bulk Storage Facility Project (Phase III)

Spent $471K Comm. $0 Transport & Storage
Showing 3 of 12 projects Open project map
This project was produced by the Indo-Pacific Development Centre at the Lowy Institute, with funding support from the Australian Department of Foreign Affairs and Trade.
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