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OPEC Fund for International Development: OPEC Fund delivers record results in 2023 with US$1 7 billion in development funding

OPEC Fund for International Development: OPEC Fund delivers record results in 2023 with US$1 7 billion in development funding
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OPEC Fund delivers record results in 2023 with US$1 7 billion in development funding

OPEC Fund delivers record results in 2023 with US$1 7 billion in development funding

The OPEC Fund for International Development, a multilateral development finance institution headquartered in Vienna, Austria, expanded its new commitments to US$1.7 billion across 55 projects globally in 2023, providing funding to address climate change and energy transition, support social and economic resilience and boost sustainable growth. The organization was established 48 years ago and the 2023 results represent a record in new commitments.

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