The OPEC Fund for International Development (OPEC Fund)

The OPEC Fund for International Development is a multilateral development bank established in 1976 to support economic and social development in low and middle income countries. Based in Vienna, Austria, the institution provides financing from its member countries to non member developing countries, with a focus on areas including infrastructure, energy, food security, water and sanitation, healthcare, education, financial inclusion and private sector development. Since its establishment, the OPEC Fund has committed more than US$32 billion to development projects in more than 125 countries.

Its work spans public sector lending, private sector investment, trade finance and grants. The OPEC Fund also provides loans, equity, guarantees, risk sharing arrangements and Islamic finance, working with governments, financial institutions, businesses and other development partners. Its trade finance activities support imports, exports, working capital and supply chains, while its wider development mandate focuses on sustainable growth, resilience and improved access to essential services.