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Development Cooperation
OPEC Fund: A Record Year for Development and Sustainability
The OPEC Fund for International Development has had an unprecedented year as the institution stepped up its global development assistance efforts, committing a record-breaking US$1.7 billion to 55 projects worldwide. These funds, designed to address the challenges of climate change, support the energy transition, and strengthen social and economic resilience, mark a turning point in the Vienna-based Fund's efforts to promote sustainable growth worldwide.
January 30, 2024
Secretary-General Tieffenthal Participated in the European Ministers Council
A Council Meeting between all Development Ministers of the European Nations took place in Stockholm. Secretary-General Peter Launsky-Tieffenthal represented Austria in the meeting, where they discussed global healthcare and the rebuilding of Ukraine.
March 9, 2023
Austrian Government Adopts New Three-Year Program for Development Policy
The new three-year program of the Austrian development policy from 2022 to 2024 was adopted. According to the government, the three-year program aims to open up sustainable life prospects for people in partner countries by creating an environment of social and political stability on the ground and sustainable development in line with the 2030 Agenda.
November 16, 2022
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