OFID celebrates 42nd anniversary

(MENAFN- Emirates News Agency (WAM))

VIENNA, 27th January, 2018 (WAM) -- OFID,the OPEC Fund for International Development, has celebrated the 42nd anniversary of its establishment with an exhibition entitled ‘In the Garden of Eden the Marshlands of Mesopotamia in Iraq'. It was jointly hosted by OFID Director-General Suleiman J Al-Herbish and Chargé d'Affaires of the Embassy of the Republic of Iraq in Vienna, Ezat Al-Bhadily.

In his opening remarks, Al-Herbish spoke of how OFID had matured during the last four decades: "We have evolved from a temporary special fund into a pioneering and renowned international development finance institution. Today, we help to set the sustainable development agenda and contribute to alleviating poverty across the world."

Al-Herbish continued: "OFID is fully committed to supporting the United Nations Agenda 2030 and the Sustainable Development Goals the global plan of action for people, planet and prosperity. Working with our partners we have helped shape the Agenda and contributed to the establishment of a standalone Sustainable Development Goal for access to affordable and clean energy; something that underpins all aspects of sustainable development."

Commenting specifically on the anniversary exhibition, Al-Herbish said: "This exhibition sits well with the Sustainable Development Goals 14 and 15 in particular, which focus on our responsibility to protect the planet's precious land and water resources.

‘In the Garden of Eden the Marshlands of Mesopotamia (Al-Ahwar) in Iraq' provides an insight into one of the most precious ecosystems of the planet and a truly inspiring culture that links back to ancient civilizations.

The OFID is the development finance institution established by the Member States of OPEC in 1976 as a channel of aid to the developing countries. OFID works in cooperation with developing country partners and the international donor community to stimulate economic growth and alleviate poverty in all disadvantaged regions of the world. It does this by providing financing to build essential infrastructure, strengthen social services delivery and promote productivity, competitiveness and trade

WAM/Tariq alfaham


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