Search
We also bring additional resources to projects, encouraging the development of Islamic finance, attracting co-financiers and advising governments and private sector groups on how to establish, develop and modernize private enterprises and capital markets. ... In 2021, ICD achieved important business synergies with the International Islamic Trade Finance Corporation (ITFC) and the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) with the establishment of a Technical Coordination Committee (TCC) to promote cross-selling and deal sharing.
2021 CLIMATE FINANCE JOINT REPORT ON MULTILATERAL DEVELOPMENT BANKS’ 2021 JOINT REPORT ON MULTILATERAL DEVELOPMENT BANKS’ CLIMATE FINANCE OCTOBER 2022 This report was written by a group of multilateral development banks (MDBs), composed of the African Development Bank (AfDB), the Asian Development Bank (ADB), the Asian Infrastructure Investment Bank (AIIB), the Council of Europe Development Bank (CEB), the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), the InterAmerican Development Bank Group (IDBG), the Islamic Development Bank (IsDB), the New Development Bank (NDB) and the World Bank Group (WBG). ... This 2021 edition of the Joint Report on Multilateral Development Banks’ Climate Finance was prepared by the European Investment Bank together with the following partners: the African Development Bank, the Asian Development Bank, the Asian Infrastructure Investment Bank, the Council of Europe Development Bank, the European Bank for Reconstruction and Development, the Inter-American Development Bank Group, the Islamic Development Bank, the New Development Bank and the World Bank Group.
Evaluated projects with major changes in scope in 2017 C.Evaluated projects with implementation delays in 2017 D.Cost variations in evaluated projects in 2017 E.Criteria based rating for evaluations in 2017 F.Recommendations from 2017 evaluations i Annual Evaluation Report (Inside).pdf 4 10/21/18 7:50 PM TABLE OF CONTENTS LIST OF TABLES LIST OF FIGURES ii 7 Table 1: Other Evaluations Undertaken during 2017G 8 Table 2: Average Success Rating per Sector 6 Figure 1: Number of OCR Project Evaluations during 1432H-1438H/2017G 6 Figure 2: Regional Coverage of Project Evaluations in 2017G 6 Figure 3: Distribution of Projects Evaluated by Mode of Finance 6 Figure 4: Sector Distribution of Project Evaluations in 2017G 7 Figure 5: Overall Performance Ratings of Randomly Selected Evaluated OCR Projects in 2017 7 Figure 6: Success Rate of Evaluated Projects across Regions 7 Figure 7: Sector Performance Ratings of Evaluated OCR Projects in 2017G 8 Figure 8: Distribution of 2017G “Relevance” Assessment 9 Figure 9: Distribution of “Effectiveness” Assessment in 2017G 9 Figure 10: Implementation Delays of Evaluated Projects in 2017G 10 Figure 11: Cost Variation in Evaluated Projects in 2017G 10 Figure 12: Distribution of “Efficiency” Assessment in 2017G 10 Figure 13: Distribution of “Sustainability” Assessment for Evaluated OCR Projects during 2017G 11 Figure 14: Comparison of Distribution of the Ratings of PCRs and PCR-Ens 11 Figure 15: IDBG Finance for Tunisia from Inception - US$ Millions (1977-2016) 12 Figure 16: IDBG Pillar-Based Approvals Vs Disbursement (2013 - 2016) 15 Figure 17: IDBG Yearly Approval Trend for Niger (1977-2015) in US$ million 19 Figure 18: IDBG Approvals under the MCPS Kazakhstan and PFA (2011-2017) 23 Figure 19: Number of Loans Received by Economic Activity Annual Evaluation Report (Inside).pdf 5 10/21/18 7:50 PM ACKNOWLEDGEMENTS This report was prepared by a team led by Mohammed Jalaludeen Issahaq and comprised of Javeed Ahsan, Adamou Sanda Mayaki, Amin Yusuf Abdullahi, Mustapha Jammeh, Ahmed Warfa, and Nabeel Kasmani. ... iii Annual Evaluation Report (Inside).pdf 6 10/21/18 7:50 PM ACRONYMS AND ABBREVIATIONS AADT AER AfDB APIF ARD AsDB / ADB BCC BED BSTDB CAE CCD CDD CFA CGO COP21 CPD DAC DED DoA DWT EA EBRD ECG EIB EIRR FER FIRR FPDC G GCC GDP GGC GOE GPEDC GPS GWh H iv Annual Average Daily Traffic Annual Evaluation Report African Development Bank Awqaf Properties Investment Fund Agriculture and Rural Development Asian Development Bank Berber Cement Company Board of Executive Directors Black Sea Trade and Development Bank Country Assistance Evaluation Co-operation & Capacity Development Capacity Development Department West African CFA Franc Country Gateway Office The Annual Conference of Parties Country Programs Department Development Assistance Committee Detailed Engineering Design Delegation of Authority Dead Weight Tons Executing Agency European Bank for Reconstruction and Development Evaluation Cooperation Group European Investment Bank Economic Internal Rate of Return Road Maintenance Fund Financial Internal Rate of Return Financial Product Development Centre Gregorian Year Gulf Cooperation Council Gross Domestic Product Gambia Groundnut Corporation Group Operations Evaluation Global Partnership for Effective Development Cooperation Good Practice Standards Gigawatt hour Hijra Year Annual Evaluation Report (Inside).pdf 7 10/21/18 7:50 PM ACRONYMS AND ABBREVIATIONS HDE IaDB ICD ICIEC ICT ID IsDB IsDBG IFAD IFE IMF INF IPP IRTI ISFD ITAP ITFC km kV KWh LFG LOF M&E MC MCPS MCPS IR MDB MENA MoU MTBP MW NCB NGO NMC Human Development Inter-American Development Bank Islamic Corporation for the Development of the Private Sector Islamic Corporation for the Insurance of Investment and Export Credit Information and Communications Technology Islamic Dinar Islamic Development Bank Islamic Development Bank Group International Fund for Agricultural Development Islamic Financial Engineering International Monetary Fund Infrastructure Department Independent Power Plant Islamic Research and Training Institute Islamic Solidarity Fund for Development Investment Promotion Technical Assistance Programme International Islamic Trade Finance Corporation kilo meter kilo Volt Kilowatt-hour Landfill Gas Line of Financing Monitoring and Evaluation Member Country Member Country Partnership Strategy Member Country Partnership Strategy Implementation Review Multilateral Development Bank Middle East and North Africa Memorandum of Understanding Medium Term Business Plan Megawatt National Competitive Bidding Non-Governmental Organization Non-Member Country v Annual Evaluation Report (Inside).pdf 8 10/21/18 7:50 PM ACRONYMS AND ABBREVIATIONS O&M OC OCR OECD-DAC OED OIC ONEE OPSD PCR PIASR PIU PL PMU PPER PPP QaE SABIC SDG SME SPO TA TAP TIFERT UM5 UN UNEG US$ VOC WB WBG WP vi Operation and Maintenance Operations Complex Ordinary Capital Resources of IDB Organization of Economic Cooperation & Development – Development Assistance Committee Operations Evaluation Department Organization of Islamic Cooperation Moroccan Electricity and Water Utility Company Operations Policy and Services Department Project Completion Report Project Implementation Assessment and Support Report Project Implementation Unit Project Level Project Management Unit Project Performance Evaluation Report Public-Private Partnership Quality at Entry Saudi Arabia Basic Industries Corporation Sustainable Development Goals Small and Medium Enterprise Special Assistance Operation Technical Assistance Technical Assistance Program Tunisian Indian Fertilizers University Mohammed V United Nations United Nations Evaluation Group US Dollars Vehicle Operating Cost The World Bank The World Bank Group Work Program Annual Evaluation Report (Inside).pdf 9 10/21/18 7:50 PM ANNUAL EVALUATION REPORT FOR 2017G EXECUTIVE SUMMARY The vast majority of the projects evaluated were found to be relevant to member countries’ strategic priorities, with 95 percent of projects rated as Highly Relevant or Relevant (compared to 96% in 2016G).
Disclaimer: To accommodate scheduling limitations, the content of this publication has not been subject to standard EIB proofreading. 2022 JOINT REPORT ON MULTILATERAL DEVELOPMENT BANKS’ CLIMATE FINANCE OCTOBER 2023 This report was written by a group of multilateral development banks (MDBs), composed of the African Development Bank (AfDB), the Asian Development Bank (ADB), the Asian Infrastructure Investment Bank (AIIB), the Council of Europe Development Bank (CEB), the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), the InterAmerican Development Bank Group (IDBG), the Islamic Development Bank (IsDB), the New Development Bank (NDB) and the World Bank Group (WBG). ... Methodologies and definitions ABBREVIATIONS AND ACRONYMS ADB Asian Development Bank AfDB African Development Bank AIIB Asian Infrastructure Investment Bank CCF Climate co-finance CEB Council of Europe Development Bank CIF Climate Investment Funds CO 2 Carbon dioxide EBRD European Bank for Reconstruction and Development EIB European Investment Bank EU European Union € Euro FY Fiscal year GEF Global Environment Facility GCF Green Climate Fund GHG Greenhouse gas IBRD International Bank for Reconstruction and Development IDA International Development Association IDB Inter-American Development Bank IDBG Inter-American Development Bank Group, composed of the IDB, IDB Lab and IDB Invest IDB Invest The private sector arm of the IDBG IDB Lab The innovation laboratory of the IDBG IDFC International Development Finance Club IFC International Finance Corporation IsDB Islamic Development Bank LDCs Least Developed Countries MDBs Multilateral development banks MIGA Multilateral Investment Guarantee Agency NAMAs Nationally Appropriate Mitigation Actions NDCs Nationally Determined Contributions NDB New Development Bank SIDS Small Island Developing States UNFCCC United Nations Framework Convention on Climate Change $ United States dollar WBG World Bank Group, composed of the IDA, IBRD, IFC and MIGA PREFACE The Joint Report on Multilateral Development Banks’ Climate Finance is an annual collaborative effort to publish Multilateral Development Banks’ (MDBs’) climate finance figures, together with a clear explanation of the methodologies for tracking this finance as climate finance.
Disclaimer: To accommodate scheduling limitations, the content of this publication has not been subject to standard EIB proofreading. 2022 JOINT REPORT ON MULTILATERAL DEVELOPMENT BANKS’ CLIMATE FINANCE OCTOBER 2023 This report was written by a group of multilateral development banks (MDBs), composed of the African Development Bank (AfDB), the Asian Development Bank (ADB), the Asian Infrastructure Investment Bank (AIIB), the Council of Europe Development Bank (CEB), the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), the InterAmerican Development Bank Group (IDBG), the Islamic Development Bank (IsDB), the New Development Bank (NDB) and the World Bank Group (WBG). ... Methodologies and definitions ABBREVIATIONS AND ACRONYMS ADB Asian Development Bank AfDB African Development Bank AIIB Asian Infrastructure Investment Bank CCF Climate co-finance CEB Council of Europe Development Bank CIF Climate Investment Funds CO 2 Carbon dioxide EBRD European Bank for Reconstruction and Development EIB European Investment Bank EU European Union € Euro FY Fiscal year GEF Global Environment Facility GCF Green Climate Fund GHG Greenhouse gas IBRD International Bank for Reconstruction and Development IDA International Development Association IDB Inter-American Development Bank IDBG Inter-American Development Bank Group, composed of the IDB, IDB Lab and IDB Invest IDB Invest The private sector arm of the IDBG IDB Lab The innovation laboratory of the IDBG IDFC International Development Finance Club IFC International Finance Corporation IsDB Islamic Development Bank LDCs Least Developed Countries MDBs Multilateral development banks MIGA Multilateral Investment Guarantee Agency NAMAs Nationally Appropriate Mitigation Actions NDCs Nationally Determined Contributions NDB New Development Bank SIDS Small Island Developing States UNFCCC United Nations Framework Convention on Climate Change $ United States dollar WBG World Bank Group, composed of the IDA, IBRD, IFC and MIGA PREFACE The Joint Report on Multilateral Development Banks’ Climate Finance is an annual collaborative effort to publish Multilateral Development Banks’ (MDBs’) climate finance figures, together with a clear explanation of the methodologies for tracking this finance as climate finance.
Ms Aminath Shauna, Minister of Environment, Climate Change and Technology of Maldives Contents Foreword 3 News in Brief 5 ICIEC Joins InsuResilience Global Partnership Platform for Collaboration, Shared Learning and Delivery for Climate and Disaster Risk Finance and Insurance Solutions 5 Africa Co-Guarantee Platform (ACGP) Steps Up De-risking Support, Guarantees and Credit Insurance to Boost Trade and Investment Flows to the Continent 5 Al Rajhi Bank Signs US$1bn Sustainability Commodity Murabaha Facility - the Largest Shariah-compliant ESG Syndication in the Middle East to Date 6 Malaysia’s Affin Bank Group Launches Pioneering Affin Solar Financing-i Plan to Support Retail Customers to Transition to Solar Energy Options 6 ICIEC Consolidates its Climate Action Playbook with Online Climate Risk Screening Software Solution, Aware for Projects 6 The Political and Economic Dichotomies of Climate Action 8 Climate Action Must Not Only be Done but Must be Seen to be Done COP27 – Implementation Imperative 14 08 14 Turning Words into Action Stakeholder Comment 16 16 Extinction Rebellion Vulnerable States Fight for Their Very Survival Climate Finance and Private Capital 19 Opportunities and Constraints in Mobilizing Private Climate Financing in Emerging Markets and Developing Economies Islamic Finance and Climate Action – A Connectivity Steeped in Faith 22 Resetting the Role for Climate Finance – Towards an Islamic Climate Action Vision 2050 Impact Standards in Climate Finance 28 Making Blended Finance Work for the Decade of Delivery - What Does the Future Hold for Green, Social, Sustainable and Sustainability-linked Bonds? ... Major political decisions, notably on finance for Loss and Damage, need to be taken at COP27.
Vision The IsDB strives to become a world-class development bank, inspired by Islamic principles, that helps to significantly transform the landscape of comprehensive human development in the Muslim world and to restore its dignity. ... International Islamic Trade Finance Corporation (ITFC) Provides financing and capacity building to encourage intra trade across OIC Member Countries. 5 I C I E C AT A G L A N C E ICIEC Unique Role Established in 1994 in Jeddah, Saudi Arabia, as a multilateral institution and member of the Islamic Development Bank Group Rated Aa3 by Moody’s with a Stable Outlook for 16 consecutive years. 3 x recipient of Islamic Finance News (IFN) awards. 2x recipient of the Global Trade Review (GTR) award. 5 x recipient of the Global Islamic Finance (GIFA) award. 2x recipient of Project Finance International (PFI) award. 2x recipient of Global Brands Magazine award. 1x recipient of the IJGlobal award.
The IDB Group comprises five entities: the Islamic Development Bank (IDB), the Islamic Research and Training Institute (IRTI), the Islamic Corporation for the Development of the Private Sector (ICD), the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), and the International Islamic Trade Finance Corporation (ITFC). ... By the year 1440H, the Islamic Development Bank will have become a world-class development bank, inspired by Islamic principles, that has helped significantly transform the landscape of comprehensive human development in the Muslim world and helped restore its dignity.
Vision By the year 1440H, the Islamic Development Bank shall have become a world-class development bank, inspired by Islamic principles, that has helped significantly transform the landscape of comprehensive human development in the Muslim world and helped restore its dignity. ... Islamic Development Bank Group IDB Group comprises five entities: Islamic Development Bank (IDB), Islamic Research and Training Institute (IRTI), Islamic Corporation for the Development of the Private Sector (ICD), Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), and International Islamic Trade Finance Corporation (ITFC).
Vision By the year 1440H, the Islamic Development Bank shall have become a world-class development bank, inspired by Islamic principles, that has helped significantly transform the landscape of comprehensive human development in the Muslim world and helped restore its dignity. ... Islamic Development Bank Group IDB Group comprises five entities: Islamic Development Bank (IDB), Islamic Research and Training Institute (IRTI), Islamic Corporation for the Development of the Private Sector (ICD), Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), and International Islamic Trade Finance Corporation (ITFC) Head Office and Regional Offices Headquartered in Jeddah, the Kingdom of Saudi Arabia, IDB has four regional offices in Rabat, Morocco; Kuala Lumpur, Malaysia; Almaty, Kazakhstan; and Dakar, Senegal.