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 $26.7M since 2008. In 2023, ODF to the region from the OPEC Fund for International Development trended upward significantly (2,528%) compared to the previous year.

$41.3M Spent
$53.9M Committed
13 Projects
77% Status

OPEC Fund for International Development ODF to the region

Grants vs Loans

Spent, constant 2023 US$

03M6M9M12M15M2011201520192023
  • Grants
  • Loans
  • Grants vs Loans
  • Total spent

Sectors

Transport & Storage $23.9M 5 58%
Energy $10.6M 5 26%
Health $6.7M 1 16%
Education $66.8K 1 0%
Industry, Mining & Construction $0 1 0%

Policy goals

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

Climate financing over time

Spent, constant 2023 US$

200920112013201520172019202120230200K400K600K800K1M000000000000000
  • Principal
  • Significant

Disability financing over time

Spent, constant 2023 US$

200920112013201520172019202120230000000000000000
  • Principal
  • Significant

Gender financing over time

Spent, constant 2023 US$

200920112013201520172019202120230000000000000000
  • Principal
  • Significant
  • Total spent

Major projects

Sustainable Highlands Highway Investment Program (Tranche 2)

Spent $6.6M Comm. $0 Transport & Storage

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 NaN of 13 projects Open project map
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