Search
In December 2019, the multilateral development banks1 and members of the IDFC published the joint Framework and Principles for Climate Resilience Metrics in Financing Operations, setting out the core concepts and characteristics of climate resilience metrics alongside a high-level framework for such metrics in financing operations. ... This review aims to take stock of recent developments in the field of adaptation finance, the MDBs’ efforts to support climate adaptation and resilience through a wide range of sectors beyond traditional infrastructure, and the increasing diversity of financial conditions that are used to support adaptation and resilience.
Climate Change Specialist CCD Faquaruddin Mehmood Technical Cooperation Officer RHP Abdul Chaudary Administrative Assistant Country Engagement Framework for Guyana 2024-2026 ABBREVIATIONS CARICOM Caribbean Community and Common Market CCD Cooperation and Capacity Development CET Common External Tariff CDB Caribbean Development Bank CSE Country Strategy and Engagement EIU Economic Intelligence Unit EU European Union GDP Gross Domestic Product GHGs Greenhouse Gases GoG Government of Guyana HDI Human Development Index ICD Islamic Corporation for the Development of the Private Sector ICIEC Islamic Corporation for Insurance of Investments and Export Credits ICT Information and Communication Technology IsDB Islamic Development Bank IsDBi Islamic Development Bank Institute LAC Latin America and Caribbean Region LCDS Low Carbon Development Strategy IFAD International Fund for Agricultural Development IMF International Monetary Fund IaDB Inter-American Development Bank ITFC International Islamic Trade Finance Corporation MDBs Multilateral Development Banks MCPS Member Country Partnership Strategy RBMF Results Based Management Framework PIASR Project Implementation Assessment and Support Report Country Engagement Framework for Guyana 2024-2026 IV ABBREVIATIONS V PPFM Project Procurement and Financial Management PPP Public Private Partnership RCA Resilience and Climate Action R&D Research and Development REER Real Effective Exchange Rate RHD Regional Hub of Dakar RHP Regional Hub of Paramaribo SMEs Small and Medium Size Enterprises TA Technical Assistance UNDP United Nations Development Programme WB World Bank Country Engagement Framework for Guyana 2024-2026 EXECUTIVE SUMMARY T he IsDB Group Country Engagement Framework for Guyana for 2024-2026 aligns with the Low Carbon Development Strategy 2030 (LCDS) and aims to facilitate economic transformation and sustainable development. ... The CEF’s primary goal is to support resilient and sustainable growth through economic diversification and increased economic integration.
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). ... The accounting unit of the IDB is the Islamic Dinar (ID), which is equivalent to one Special Drawing Right (SDR) of the International Monetary Fund.
Jeddah, Kingdom of Saudi Arabia © Islamic Development Bank, 2018, Islamic Development Bank Group ISBN: 9960-32-345-5 This book was printed with the financial support of the Knowledge Management and Institution Learning Division, IsDB Group Editor: Tiff Harris, TH Consulting Ltd. ... Because these improved varieties also have built-in genetic resistance to biotic and abiotic stresses, such as plant diseases, insect pests, drought, and salinity, they contribute to building the resiliency of agricultural systems in the face of climate change.
MEMBER COUNTRY PARTNERSHIP STRATEGY FOR THE ISLAMIC REPUBLIC OF PAKISTAN (2026-2030) Supporting Infrastructure Development & Advancing Export-Led Growth and Private Sector Development MEMBER COUNTRY PARTNERSHIP STRATEGY FOR THE ISLAMIC REPUBLIC OF PAKISTAN (2026-2030) SUPPORTING INFRASTRUCTURE DEVELOPMENT & ADVANCING EXPORT-LED GROWTH AND PRIVATE SECTOR DEVELOPMENT MEMBER COUNTRY PARTNERSHIP STRATEGY FOR THE ISLAMIC REPUBLIC OF PAKISTAN (2026-2030) 02 SUPPORTING INFRASTRUCTURE DEVELOPMENT & ADVANCING EXPORT-LED GROWTH AND PRIVATE SECTOR DEVELOPMENT CONTENTS Abbreviations 03 Acknowledgements 04 Map of the Country 06 Executive Summary 08 1 2 3 4 INTRODUCTION 10 STRUCTURAL TRANSFORMATION 14 NATIONAL DEVELOPMENT PLAN PRIORITIES 21 IsDB GROUP’S MEMBER COUNTRY PARTNERSHIP STRATEGY FOR PAKISTAN 24 4.1 Objectives of the MCPS 25 4.2 Strategic Pillars of the MCPS 26 4.2.1 Pillar 1: Investing in Strategic Infrastructure for Connectivity, Energy Security, and Water Systems 26 4.2.2 Pillar 2: Promoting Export-Led Growth, SME Competitiveness and Private Sector Development 28 4.2.3 Cross-Cutting Pillars 30 5 OVERVIEW OF THE IsDB’S PARTNERSHIP WITH PAKISTAN 36 5.1 IsDB Group Portfolio Performance 37 5.2 5.3 5.4 6 7 Current Implementation Issues and Lessons Learned 38 5.2.1 Systemic Issues 38 5.2.2 Good Practices and Lessons Learnt from the Portfolio, and Action Taken 39 Fiduciary Analysis 41 5.3.1 Procurement 41 5.3.2 Public Financial Management 42 Safeguards and Due Diligence 43 IMPLEMENTING THE MCPS FOR PAKISTAN 44 6.1 Setting up the Implementation Framework 46 6.2 IsDB Group Indicative Financing 46 6.3 One Bank, One Group: Synergy of the IsDB Group 48 6.4 Partnerships and Co-financing Opportunities 48 6.5 MCPS Monitoring and Evaluation of Results RISKS AND MITIGATIONS ANNEXES Annex 1: Annex 2: Annex 3: Annex 4: Annex 5: Annex 6: 49 50 52 Figures Related to the Structural Transformation Journey of Pakistan Key Development Challenges Indicative Country Pipeline and Programming Approach Mapping Development Partners in Pakistan Results Framework Risks and Mitigation Matrix 52 54 55 58 59 62 ABBREVIATIONS ABBREVIATIONS ADB Asian Development Bank MCPS Member Country Partnership Strategy AIIB Asian Infrastructure Investment Bank OCR Ordinary Capital Resources AWRD Agriculture, Water Resources, and Rural Development OOSC Out-of-School Children PEFA Public Expenditure and Financial Accountability BPO Business Process Outsourcing CEF Country Engagement Framework PFM Public Finance Management CSO Civil Society Organization PIASR CPRN Country Portfolio Review Note Project Implementation Assessment and Support Report DIOS Digital Inclusion Operational Strategy PMU Project Management Unit EFF Extended Fund Facility PHC Primary Health Care FDI Foreign Direct Investment PPP Public–Private Partnership FPO Field Procurement Officer PPRA Public Procurement Regulatory Authority GDP Gross Domestic Product RBMF Results-Based Management Framework GFCF Gross Fixed Capital Formation RPO Regional Procurement Officer GHG Greenhouse Gas SME Small and medium-sized Enterprise ICD Islamic Corporation for the Development of the Private Sector SBP State Bank of Pakistan ICIEC Islamic Corporation for the Insurance of Investment and Export Credit TA Technical Assistance TVET IMF International Monetary Fund Technical and Vocational Education and Training ICT Information and Communication Technologies TWG Technical Working Group IsDBG Islamic Development Bank Group UNDP United Nations Development Programme ITFC International Islamic Trade Finance Corporation NCD Non-Communicable Disease UNICEF United Nations International Children’s Emergency Fund WHO World Health Organization WAPDA Water and Power Development Authority 03 MEMBER COUNTRY PARTNERSHIP STRATEGY FOR THE ISLAMIC REPUBLIC OF PAKISTAN (2026-2030) 04 SUPPORTING INFRASTRUCTURE DEVELOPMENT & ADVANCING EXPORT-LED GROWTH AND PRIVATE SECTOR DEVELOPMENT ACKNOWLEDGMENTS MCPS PAKISTAN 2026-2030: TEAM MEMBERS Heads of Business Units Name Position Unit Anasse Aissami Director-General Country Programs Walid Abdelwahab Director Regional Hub Türkiye Salah Jelassi Director (OIC) Regional Hub Türkiye Sobir Komilov Manager Country Strategy & Engagement Name Position Unit Cheick Amadou Kader Diallo Country Operations Manager Regional Hub Türkiye Soule Sow Lead Regional Economist Country Strategy & Engagement Cem Tintin Country Economist Regional Hub Türkiye Muzahid Ali Operations Team Leader-SI Regional Hub Türkiye Abu Sandy Bockarie Operations Team Leader-EI Regional Hub Türkiye Kuandyk Moldabayev Young Professional Country Strategy & Engagement Ahmet Turkum Project Management Specialist Regional Hub Türkiye Muhammad Ali Pakistan Field Representative Regional Hub Türkiye Name Position Unit Sulayman Janneh Senior Technology Deployment Specialist Cooperation & Capacity Development Bukhari Sillah Lead Economist Group Chief Economist Rony Azar Country Manager Islamic Corporation for the Insurance of Investment and Export Credit Arysbek Zhumabek Country Manager Islamic Corporation for the Insurance of Investment and Export Credit Ahmed Ali Mohamoud Senior Manager International Islamic Trade Finance Corporation Jarilkasin Ilyasov Manager International Islamic Trade Finance Corporation Core Team Members Technical Team Members ACKNOWLEDGMENTS Name Position Unit Hesham Elgohary Project Financial Management Specialist Project Procurement & Financial Management Gul Ahmed Kamali Global Procurement Officer Project Procurement & Financial Management Ousmane Diaby Lead Youth Empowerment Specialist Resilience & Climate Action Hanadi Abdelrahman Women Empowerment Specialist Resilience & Climate Action Mbianyor Bakia Lead Environmental & Social Safeguards Specialist Resilience & Climate Action Bradley Todd Hiller Lead Climate Change Specialist Resilience & Climate Action Morooj Safdar NGO and Civil Society Engagement Specialist Resilience & Climate Action Rahmalia Devita Young Professional Resilience & Climate Action Biola Kazeem Badmos Lead Global Rural Development Specialist Economic & Social Infrastructure Alagi Basiru Gaye Lead Global Energy Specialist Economic & Social Infrastructure Birna Abdosh Ahmet Lead Global Health Specialist Economic & Social Infrastructure Jawara Gaye Lead Global Education Specialist Economic & Social Infrastructure Vinod Pericherla Senior Health Specialist Economic & Social Infrastructure Ibrahim Bamehriz Lead Principal, Partnerships Islamic Corporation for the Development of the Private Sector Nur Aina Abdul Ghani Principal, Corporate Strategy & Research Islamic Corporation for the Development of the Private Sector Mohammad Khalid Jawahir Senior Islamic Finance Specialist Islamic Development Bank Institute Zafardjon Khotamov Senior Halal Development Specialist Kuala Lumpur Center of Excellence Zafer Ozkan Senior Executive Coordinator (Partnership) Partnerships Global Advocacy & Resource Mobilization 05 MEMBER COUNTRY PARTNERSHIP STRATEGY FOR THE ISLAMIC REPUBLIC OF PAKISTAN (2026-2030) 06 SUPPORTING INFRASTRUCTURE DEVELOPMENT & ADVANCING EXPORT-LED GROWTH AND PRIVATE SECTOR DEVELOPMENT MAP OF THE ISLAMIC REPUBLIC OF PAKISTAN Disclaimer The boundaries and names shown and the designations on this map do not imply official endorsement or acceptance by the Islamic Development Bank Group. ... A technical accelerating its transformation toward a more diversified, reconnaissance mission in February and a validation resilient, and export-oriented economy.
Khalid Khalafalla, Officer-in-Charge, ICIEC INSIDE THIS ISSUE: ICIEC Insight Member Country Profile Suriname Business Update and Project Highlights Trade Shows Resilience, Khurram Hilal - Global Head A Resurgent Türkiye Riding18 3 Global 13 Divergence and Threat of Islamic Finance Standard the Crest of an Export Boom Embracing Rising Opportunities Gender and Climate – a Tale of Two Transitions Economic Power of Gender Balance forTheCredit Insurance and PRI in a - A Unique Opportunity to Advance Inclusivity, Resilience and Recovery Fragmented Global Economic Ecosystem with Rising Risks Exclusive and TensionsInterview Maëlia Dufour, President of the BERNE UNION 11 Dr. ... July - September, 2024 03 ICIEC INSIGHT Shock Absorbers and Mitigators of Risk COP29 and the Gender Paradigm Multilateral insurers such as ICIEC, alongside national export credit agencies and private sector insurers act as the shock absorbers and mitigators of a wide range of risks, exacerbated in recent years by extreme climate related events, natural disasters, catastrophic occurrences, and conflict, all of which have served to undermine progress towards the Net Zero ambitions of the Paris Climate Agreement of 2015.
Furthermore, the Bank has taken steps to effectively channelize the financial and non-financial support to the Member Countries that are affected by the emergencies and natural disasters; notable of which is IsDBG’s $4.2b commitment to support Pakistan's climate resilience efforts and development agenda. ... “Among our other strategic partnerships, I can mention our close collaboration with key partners such as the King Salman Humanitarian Aid and Relief Center (KS Relief), Qatar Fund for Development and Gates Foundation that has led to the establishment of the US$2.5 billion Lives and Livelihoods Fund base
The implementation of the US$14.3mn Business Resilience Assistance for ValueAdding Enterprises (BRAVE) Women program in Nigeria will help womenowned/led businesses to survive in adverse circumstances. ... ICD’s lead role in setting up a US$1bn Sukuk Program and the subsequent issuance of US$500mn worth of Sukuks helped the Maldives to relieve its external liquidity pressure by raising funds from the Islamic financing markets.
Mustafa Yağcı, IsDB Towards Inclusive, Resilient and Green Education Systems – An Insight for the 10YS Update Dr. ... Its impacts are seen in the form of frequent and increasingly severe natural disasters.
An essential conduit for enhancing intra-Arab Africa trade and investment is The Arab Africa Trade Bridges Program (AATB) and its Arab African Guarantee Fund (AAGF), which provide scalable structures that aim at mobilizing financial resources and risk mitigation capacity to support trade and investment in Arab and African countries; and ensuring that all-in pricing of transactions is optimized for the end beneficiaries through blended financing structures. ... Hala El Said A Resilient Egypt with an Evolving Vision of Socioeconomic Sustainability, Equality and Wellbeing for all its Stakeholders Egypt Vision 2030 A 30-Year Smart Partnership Set to Flourish as Africa’s New Frontier Markets Beckon Recent ICIEC Transactions with AATB Partners in Egypt Case Studies Recent ICIEC Green Finance Facilities for Projects in Egypt Interview Export Promotion and Investment Strategy 50 53 Ahmed El Sewedy A Smart Partnership that Incorporates Clean and Just Energy Transition, ESG and Risk Mitigation 12 22 26 Krisjanis Krustins A Resilient Economic Performance Throughout the Pandemic Underpinned by Strong GDP Growth but Tempered by the Ukraine Shock and High Public Debt Egypt’s Ongoing COVID Response 45 46 ‘Back to the Ancestors’ Ambition for Egyptian Trade with Sub-Saharan Africa A ‘Living’ Vision for One of the Most Comprehensive Frameworks for Sustainable Development Interview 42 44 Professor Benedict Oramah Building a Continental African Economy Resilient to Global Shocks Interview Egyptian Resilience in Pandemic Economic Performance Augurs Well for Mitigating Effects of Ukraine Food Supply Disruptions Interview 42 ICIEC in Egypt 16 22 28 Egypt’s Resilient COVID-19 Response and Proactive Economic Policies Mitigated Well the Impacts of the Pandemic Climate Transition 30 COP27 is Where We Start Turning Words into Action Climate Action and Renewable Energy 32 Egypt’s Renewable Energy Promise Alternative Resource Mobilisation 35 42 Coming Home - Egypt’s Pioneering Islamic Finance Journey Egypt and the IsDB Group 39 Sharm El Sheikh Meetings Poised to be a Gamechanger in IsDB-Egyptian Cooperation © 2022 ICIEC This work is a product of the staff of ICIEC with external contributions.