United Nations Development Programme
UNDP works in about 170 countries and territories, helping to achieve the eradication of poverty, and the reduction of inequalities and exclusion. It helps countries to develop policies, leadership skills, partnering abilities, institutional capabilities and build resilience in order to sustain development results.
In September 2015, world leaders adopted the 2030 Agenda for Sustainable Development to end poverty, protect the planet and ensure that all people enjoy peace and prosperity. UNDP is working to strengthen new frameworks for development, disaster risk reduction and climate change by supporting countries’ efforts to achieve the Sustainable Development Goals, or Global Goals, which will guide global development priorities through 2030.
UNDP focuses on helping countries build and share solutions in three main areas:
- Sustainable development
- Democratic governance and peace building
- Climate and disaster resilience
The annual Human Development Report, commissioned by UNDP, focuses the global debate on key development issues, providing new measurement tools, innovative analysis and often controversial policy proposals. The global Report’s analytical framework and inclusive approach carry over into regional, national and local Human Development Reports, also supported by UNDP.
UNDP also administers the UN Capital Development Fund, which helps developing countries grow their economies by supplementing existing sources of capital assistance by means of grants and loans; and UN Volunteers, which fields over 6,000 volunteers from 160 countries in support of peace and development through volunteerism worldwide.
Istanbul International Center for Private Sector in Development (IICPSD)
The Center supports the private sector and foundations to become transformative partners in development through research, advocacy for inclusive business, facilitation of public-private dialogue and brokering partnerships. IICPSD, established in 2011 in partnership with the Government of Turkey, is one of UNDP’s six Global Policy Centres. It leads UNDP’s global work on private sector and foundations and supports UNDP’s offices all over the world. How the private sector does business has a major impact on whether growth and development are inclusive and sustainable. On average, the private sector accounts for 60% of GDP, 80% of capital flows, and 90% of jobs in developing countries. By adopting sustainable practices, companies can also gain a competitive edge, increase their market share, and boost stakeholder value while accelerating progress towards achieving the Sustainable Development Goals. The private sector and foundations are important strategic partners for UNDP in achieving its vision of helping countries eradicate poverty and reduce inequality and exclusion.
The Center focuses on four thematic areas:
- Inclusive Business;
- Private Sector Engagement in Skills Development;
- Impact investing;
- Resilience and Crisis Response.
The Center also hosts four global initiatives: Business Call to Action, SDG Philanthropy Platform, Global Islamic Finance and Impact Investing Platform and Connecting Business Initiative.
About IICPSD Video:
Islamic Development Bank (IDB)
The Islamic Development Bank is an international Islamic financial institution. The purpose of the Bank is to foster the economic development and social progress of member countries and Muslim communities individually as well as jointly in accordance with the principles of Shari’ah i.e., Islamic Law. The functions of the Bank are to participate in equity capital and grant loans for productive projects and enterprises besides providing financial assistance to member countries in other forms for economic and social development. The Bank is also required to establish and operate special funds for specific purposes including a fund for assistance to Muslim communities in non-member countries, in addition to setting up trust funds. The Bank is authorized to accept deposits and to mobilize financial resources through Shari’ah compatible modes. It is also charged with the responsibility of assisting in the promotion of foreign trade especially in capital goods, among member countries; providing technical assistance to member countries; and extending training facilities for personnel engaged in development activities in Muslim countries to conform to the Shari’ah.
Islamic Research and Training Institute (IRTI)
Established by the Board of Executive Directors (BED) of the Islamic Development Bank (IDB), the Institute undertakes research to help economic, fi nancial and banking activities in Muslim countries to conform to shariah, and to extend training facilities for personnel engaged in development activities in the Bank’s member countries.
The functions of the Institute are to:
- Develop a dynamic and innovative Islamic Financial Services Industry (IFSI);
- Develop and coordinate basic and applied research for the application of shariah in economics, banking and fi nance;
- Conduct policy dialogue with member countries;
- Provide advisory services in Islamic economics, banking and fi nance;
- Disseminate IFSI-related knowledge through conferences, seminars, workshops, apprenticeships and policy and research papers;
- Provide learning and training opportunities for personnel engaged in socioeconomic development activities in member countries;
- Collect and systematize information and disseminate knowledge;
- Collaborate to provide policy advice and advisory services on the development and stability of Islamic fi nance and on the role of Islamic institutions in economic development to member governments, the private sector and the NGO sector;
- Develop partnerships with research and academic institutions at the Organisation of Islamic Cooperation (OIC) and international levels.