United Nations Development Programme (UNDP), Securities Commission Malaysia (SC) and the Islamic Development Bank (IsDB) have partnered to advance the use of Islamic financing tools to fund the ambitious 2030 Agenda for Sustainable Development.
The second training on Islamic finance and impact investing takes place in Indonesia to discuss opportunities in blending alternative financing methods for sustainable development.
UNDP IICPSD convenes leaders in industry, research, and governance to discuss central themes for the private sector in sustainable development. This year in 2018 UNDP IICPSD successfully organized four panels at the Bosphorus Summit.
IICPSD, under the Global Islamic Finance and Impact Investing Platform (GIFIIP) hosted stakeholders from public and private sector to build greater understanding of the role of Islamic finance in clean energy projects in Turkey.
United Nations Development Programme (UNDP) Administrator Achim Steiner, announced a new partnership with the Government of the Republic of Turkey for an SDG Accelerator to be based in Istanbul, as well as a new initiative at UNDP called “SDG Impact” on 25 September 2018, at a side event entitled during the 73rd session of the Unites Nations General Assembly.
The SDG Philanthropy Platform, the UN in Zambia, the Ministry of National Development Planning and the Ministry of National Guidance and Religious Affairs partnered to convene an interactive forum for faith-based organisations (FBOs) and religious groups in Zambia to enhance and strengthen their understanding and key role as champions and advocates of the Sustainable Development Goals (SDGs).
Crystal, a leading Georgian microfinance lender, has joined BCtA with a pledge to provide access to finance – including loans and value chain services – to 30,000 new clients in rural areas of Georgia, as well as disperse 1,000 new loans for green/solar solutions and energy efficiency projects by 2020.
Blending Islamic Finance and Impact Investing to Achieve the SDGs
The second training on Islamic finance and impact investing takes place in Indonesia as part of GIFIIP.
In a crisis, companies are better off working together
Concrete examples from Fiji, Philippines, Madagascar, Turkey and Haiti help to demonstrate what private sector networks are already doing together with the Connecting Business initiative (CBi) in disaster prevention, preparedness, response and recovery efforts, and how companies can collaborate better to become more resilient.
What we do
UNDP Istanbul International Center for Private Sector in Development (IICPSD), established in 2011, is one of UNDP’s six Global Policy Centers. IICPSD leads UNDP’s global work on private sector and foundations and supports UNDP’s 170 offices as well as various governments and institutions all over the world. The Center aims at making a significant contribution to the implementation of the 2030 Agenda by mobilizing and supporting potential partners worldwide for implementing the global development agenda.
In an average developing country
60% of GDP
created by private sector
90% of jobs
generated by private sector
80% of capital flow
facilitated by private sector
US$12 trillion
market opportunities in SDG aligned investments
