Deadline: 1-Jun-21
The OPEC Fund is dedicating its 2021 Annual Award for Development (AAD) to an organization that demonstrates excellence in innovating and implementing clean cooking solutions for communities in need.
The OPEC Fund Annual Award for Development (AAD) celebrates outstanding contributions to sustainable development. Each year, it recognizes a different theme of particular relevance to the global development agenda.
Prize Information
- The AAD was first introduced in 2006 and includes a US$100,000 prize.
Eligibility Criteria
- The nominee must be an established, nongovernmental non-profit organization operating in a country or countries other than the OPEC Fund member countries or stakeholders (Algeria, Ecuador, Gabon, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar (stakeholder), Saudi Arabia, United Arab Emirates, Venezuela) and OPEC member countries (as above, and including Angola, Republic of Congo and Equatorial Guinea).
- Nominees must be legal entities and have been so for at least three years.
- Nominees must have audited financial statements dating back at least two years.
- Nominees must have expenses and expenditures greater than US$1,000,000 (in their most recent audited accounts).
- Nominees may not be local offices of parent organizations, specific programs within organizations, or university-based projects.
- The nominating party should have direct knowledge of the nominated organization’s work.
- The nominating party may not be an employee or any other individual receiving remuneration for services from the nominated organization. Board members of the nominated organization may nominate, provided they receive no payment for their services.
- The nominating party may not be a family member or an employee of the nominated organization.
- The nominating party may not be the founder of the nominated organization.
For more information, visit https://opecfund.org/what-we-offer/special-initiatives/annual-award