OFID considers grant financing to be an important instrument of development. By providing outright grants in cases where the beneficiaries cannot afford to repay, OFID’s grant program helps to meet needs that cannot be directly addressed through other financial mechanisms.
OFID’s grant program includes technical assistance for small-scale social schemes, sponsorship for research and other intellectual pursuits, and emergency relief aid.
In addition, OFID has set up special programs that respond to the urgent and unique challenges presented by HIV/AIDS, Palestine and, most recently, energy poverty. The latter is a particular priority and complements the financing provided through other mechanisms in support of OFID’s Energy for the Poor Initiative.
As of December 31, 2013, OFID had provided some US$573.5m in outright grants across all programs, working with UN agencies and a host of international and national NGOs, among many other partners, to meet the needs of the vulnerable, marginalized and very poor.
Activities in 2013
In 2013, some US$24.9m was approved through OFID’s various grant programs for a total of 86 projects across all developing regions of the world.
- Technical assistance: US$6.7m: For activities ranging from water & sanitation schemes and agricultural research to health and education initiatives.
- Special program for Palestine. US$6.3m. To support a broad range of interventions designed to improve living conditions and create opportunities in some of the most deprived communities.
- Energy poverty program: US$4.7m. For five projects, all of them based on renewable sources and benefiting 23 countries in sub-Saharan Africa, the Middle East, Asia and Latin America.
- HIV/AIDS Program: US$3.2m. To support six projects, including a joint program with the International Law Organization targeting workplace prevention, treatment and care.
- Emergency aid: US$2.1m. To assist flood victims in Sudan, healthcare for Syrian refugees, hurricane survivors in the Philippines, and to provide food aid to Korea DPR and to Africa’s Sahel region.
- Research grants: US$1.9m. To sponsor conferences and similar events and help fund a number of small-scale education and capacity-building schemes.