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Protected Annual Report on Investment Climate and Opportunities in OIC Countries 2023 FDI in the Digital Economy and Digitalization of Investment Services Islamic Centre for Development of Trade (ICDT) & Islamic Development Bank (IsDB) June 2024 Annual Report on Investment Climate and Opportunities in OIC Countries 2023: FDI in the Digital Economy and Digitalization of Investment Services Editor: Latifa El Bouabdellaoui, Director General of ICDT Published by: ICDT & IsDB, Casablanca and Jeddah, 2024. Design: ICDT Disclaimer: This work is a product of a consultant recruited by the ICDT and the IsDB.
Annual Report 1435H (2014) Together we build a better future Corporate profile of the Islamic Development Bank Establishment Capital The Islamic Development Bank (IDB) is an international financial institution established pursuant to Articles of Agreement done at the city of Jeddah, Kingdom of Saudi Arabia, on 21st Rajab 1394H corresponding to 12 August 1974. The Inaugural Meeting of the Board of Governors took place in Rajab 1395H (July 1975) and the IDB formally commenced operations on 15 Shawwal 1395H (20 October 1975).
Road safety 32 36 Assessments of policy responses Conclusions and recommendations 38 41 Annex I: Summary of recommended actions and policy responses Annex II: Reference tables Annex III: Country factsheets 44 47 65 Low-carbon Transport for Development Trends and Recommendations for Islamic Development Bank Member Countries 2 List of figures Figure 1: IsDB MCs’ share of selected global indicators 7 Figure 2: Share of GDP, population, urban population and transport CO2 emissions by IsDB sub-region Figure 3: Motorization rates in IsDB MCs (2015) 9 10 Figure 4: Average motorization growth rates by income group 11 Figure 5: Projected motorization rates (2010–2030) in comparison to GDP per capita 12 Figure 6: Share of CO2 emissions from transport by country (2000, 2015 and 2050) 13 Figure 7: Historical and projected BAU transport CO2 emissions by IsDB sub-region 14 Figure 8: Historical and projected BAU transport CO2 emissions by income group for IsDB MCs Figure 9: Country rankings by per capita emissions from transport 15 Figure 10: Projections for largest transport CO2 emitters among IsDB MCs by 2050 16 Figure 11: Comparison of selected countries’ historical and projected transport CO2 emissions growth Figure 12: Transport CO2 emissions relative to GDP in IsDB MCs Figure 13: Decoupling of high-income countries 14 16 17 18 Figure 14: Decoupling of middle-income countries Figure 15: Decoupling of low-income countries 18 18 Figure 16: Decoupling of GDP and transport CO2 emissions in Uzbekistan 19 Figure 17: Growth of transport CO2 emissions (1990–2015) by income level Figure 18: NDCs highlighting the transport sector as a mitigation source Figure 19: Transport mitigation highlighted in NDCs of IsDB MCs 19 20 21 Figure 20: Transport modes and sub-sectors represented in NDCs of IsDB MCs Figure 21: Transport mitigation measures in NDCs of IsDB MCs Figure 22: Mitigation potential by measure in IsDB MCs 22 23 24 Figure 23: Human habitat vulnerability of IsDB MCs to climate disruptions Figure 24: Transport adaptation highlighted in NDCs of IsDB MCs Figure 25: Transport adaptation in NDCs, NAPAs and NAPs 25 26 27 Figure 26: Quality of transport infrastructure by IsDB sub-region and income group Figure 27: Growth of the urban population by region 28 29 Figure 28: Size of urban rail and BRT systems on a national scale Figure 29.
CHALLENGES OF AFFORDABLE HOUSING FINANCE IN IDB MEMBER COUNTRIES USING ISLAMIC MODES i ii iii iv Challenges of Affordable Housing Finance in IDB Member Countries Using Islamic Modes Nasim Shah Shirazi, IRTI Muhammad Zulkhibri,ERPD Salman Syed Ali, IRTI in collaboration with SHAPE Financial Corp. Occasional Paper No.13 v © 2012 Islamic Research & Training Institute, a member of the Islamic Development Bank Group.
REALIZING OPPORTUNITIES FOR THE 21ST CENTURY THROUGH RESILIENT GLOBAL VALUE CHAINS MINING & CONSTRUCTION THE FUTURE Volume 3 Large open-pit iron mine located in Europe REALIZING OPPORTUNITIES OF THE 21ST CENTURY THROUGH RESILIENT GLOBAL VALUE CHAINS By 2030, growing population, increasing urbanization rates, e-mobility and increased dependence on electronics will boost demand across the mining and construction sectors. New technologies and disruptive innovations will drastically change the current landscape – autonomous vehicles, IoT connectivity, robotics and 3D printing will become the norm.
STRONGER TOGETHER Annual Report 2021 What we do We fund projects that develop the private sector of our member countries by creating competition, entrepreneurship, employment opportunities and export potential. 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.
Ceesay, Lead Global Rural Development Specialist, ESID, Biola Kazeem Badmos, Senior Agriculture & Food Security Specialist, ESID Impact of IsDB Decentralization in Improving Projects Implementation on the Ground: Case of PADEF-EJ Project in Senegal Meissa AW, Project Management Specialist, Regional Hub, Dakar Innovative Financing for Sustainable Urban Mobility Investments Atiq Ahmad, Lead Global Transport Specialist/Economist, ESID Promoting Resilience and Self-Reliance in Afghanistan Farid Khan , Country Operations Manager, Regional Hub, Ankara IsDB Assistance Empowers Uzbekistan Transform Rural Living with Affordable Housing and Modern Amenities Dr.
2020: A YEAR OF GLOBAL ENGAGEMENT & ADVOCACY FOR IsDB GROUP Showcasing IsDBG's role in the G20 & Heads of MDBs Meetings 01 To ensure the G20 process remains inclusive, we will engage widely with relevant stakeholders, including civil society, businesses and think tanks from across the region and the globe. We will aim for solutions where the G20 can add value for the benefit of the world.
ANNUAL EVALUATION REPORT PROVIDING EVIDENCE TO IMPROVE THE QUALITY OF IsDB GROUP’S OPERATIONS FOR OVER THREE DECADES INDEPENDENT EVALUATION DEPARTMENT (IEvD) 2023 April 2024 TABLE OF CONTENTS LIST OF ACRONYMS AND ABBREVIATIONS 4 ACKNOWLEDGMENTS FOREWORD BY ODEC CHAIR MESSAGE OF THE ACTING DIRECTOR, IEVD 6 8 10 EXECUTIVE SUMMARY 12 2023 EVALUATIONS AT GLANCE 18 IEvD: THREE DECADES OF ENHANCING DEVELOPMENT EFFECTIVENESS THROUGH FOSTERING ACCOUNTABILITY AND LEARNING 22 FEATURED TOPIC: EVALUATIONS OF IsDB PARTNERSHIPS AND OFF-BALANCE SHEET RESOURCE MOBILIZATION 34 LEARNINGS FROM 2023 EVALUATIONS 40 RECOMMENDATIONS FROM 2023 EVALUATIONS 46 FUTURE OUTLOOK 50 ANNEX-1: SNAPSHOT OF EVALUATED PROJECTS AND PROGRAMS 54 ANNEX-2: SNAPSHOT OF CORPORATE, COUNTRY AND THEMATIC EVALUATIONS 60 ANNEX-3: CAPACITY DEVELOPMENT, KNOWLEDGE SHARING AND LEARNING EVALUATIONS 62 3 LIST OF ACRONYMS AND ABBREVIATIONS 3Y-RWP 3-Year Rolling Work Plan ACG Arab Coordination Group ADB Asian Development Bank AfDB African Development Bank AI Artificial Intelligence APIF AWQAF Properties Investment Fund BADEA Arab Bank for Economic Development in Africa BED Board of Executive Directors CAE Country Assistance Evaluation CAIIP Community Agriculture Infrastructure Improvement Project CCD Cooperation & Capacity Development CCTE Corporate, Country & Thematic Evaluation CF Counterpart Funding CLEAR Center for Learning on Evaluation and Results CPPE Country Portfolio Performance Evaluation DAC Development Assistance Committee EA Executing Agency ECD Evaluation Capacity Development ECG Evaluation Coordination Group EDN Executive Dissemination Notes ELO Evaluation Learning and Outreach EWA Electricity and Water Authority FEVR Final Evaluation Report FS Food Security GEF Global Environment Facility GOE Government of Egypt GOED Group Operations Evaluation Department GOI Government of Indonesia GPS Good Practice Standards ICT Information and Communications Technology IEvD Independent Evaluation Department IPDET International Program for Development Evaluation Training 4 IsDB Annual Evaluation Report 2023 LIST OF ACRONYMS AND ABBREVIATIONS IsDB Islamic Development Bank IQAF Integrated Quality Assurance Framework KS-Relief King Salman Humanitarian Aid and Relief Center KV Kilo Volt LDMC Least Developed Member Countries MAP Management Action Plan MC Member Country MCPS Member Country Partnership Strategy MCPS-CR Member Country Partnership Strategy Completion Review MDB Multilateral Development Banks MENA Middle East and Northern Africa MoU Memorandum of Understanding OCR Ordinary Capital Resources ODEC Operations and Development Effectiveness Committee OECD Organization for Economic Cooperation and Development OED Operations Evaluation Department OEO Operations Evaluation Office PCR Project Completion Report PCR-VN Project Completion Report Validation Note PIASR Project Implementation Assessment and Support Report PMU Project Management Unit PPE Project & Program Evaluation PPER Post Project Evaluation Report SA Special Assistance SFD Saudi Fund for Development SME Small and Medium Enterprise STEER Systematic Tracking of the Execution of Evaluation Recommendations TA Technical Assistance UN United Nations VTC Vocational Training Center WB World Bank 5 ACKNOWLEDGMENTS 6 IsDB Annual Evaluation Report 2023 This Annual Evaluation Report 2023 of the Independent Evaluation Department (IEvD) is prepared by a core team, led by Abdourahamane Dit Baffa Keita, and composed of Ehtisham UL Hassan, Bashirullah Najimi, Nur Abdi, Md Golam Mortaza, and Reem Ahmed. The report was internally peer-reviewed by Elmoiz Ismail, Raikhan Sabirova and Oguz Ceylan.
42 YEARS IN THE SERVICE OF DEVELOPMENT Tel: (+966-12) 6361400 Fax: (+966-12) 6366871 Email: idbarchives@isdb.org Website: www.isdb.org ISLAMIC DEVELOPMENT BANK Islamic Development Bank 8111 King Khaled Street Al-Nuzlah Yamania Unit 1, Jeddah-22332-2444 Kingdom of Saudi Arabia ISLAMIC DEVELOPMENT BANK 42 YEARS IN THE SERVICE OF DEVELOPMENT Islamic Development Bank Group 42 YEARS IN THE SERVICE OF DEVELOPMENT Rajab 1437H (May 2016) For enquiries about this booklet, please write to: Division Manager, Economic Research and Policy Department Islamic Development Bank 8111 King Khalid Street, Al Nuzla Al Yamaniyah District Unit No. 1, Jeddah- 22332-2444 Kingdom of Saudi Arabia Fax: +966-12-6467478 E-mail:erpd@isdb.org Information Brochure Rajab 1437H (April 2016) ISSN 1658-4449 ii 42 Years in the Service of Development IDB GROUP ENTITIES: SUMMARY Islamic Development Bank Group 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) Islamic Development Bank (IDB) IDB is an international financial institution established in 1395H (1975) in pursuance of the Declaration of Intent issued by the Conference of Finance Ministers of Muslim Countries held in Jeddah in 1393H (1973). The main objective of IDB is to foster economic development and social progress of member countries and Muslim communities in non-member countries in accordance with the principles of the Shari’ah (Islamic law).