IsDB Highlights Key Initiatives at 2024 High-Level Political Forum (HLPF) at UN Headquarters

New York, Washington, July 2024 - An Islamic Development Bank (IsDB) delegation from the Partnerships, Global Advocacy, and Resource Mobilization (PGARM) Department has participated in the High-level Political Forum (HLPF) on Sustainable Development at the United Nations headquarters in New York, hosted by the UN Economic and Social Council (ECOSOC).

A high-level side event organized by the United Nations Office for South-South Cooperation (UNOSSC) focused on “Exchanges of Innovative Solutions for Debt Relief: Country Experiences and the Role of South-South and Triangular Cooperation.”

Representing IsDB at the side event, Amir Hamza Syed, Associate Manager Global Advocacy, underscored the importance of these modalities in achieving the Sustainable Development Goals (SDGs). He highlighted IsDB’s commitment to providing concessional and blended financing, enhancing technical and capacity assistance in member countries  leveraging its reverse linkage capacity building mechanism that facilitates connecting the Bank’s advanced member countries with proven solutions and expertise to less developed member countries through South-South and triangular cooperation.

The IsDB delegate also contributed as a panelist at a UN Women side event on “Accelerating Gender Equality and Change for Women and Girls: Catalyzing Collective Action Across the SDGs.” The event highlighted IsDB’s ongoing efforts to support marginalized groups, particularly women, by improving their access to education, health services, and financial resources. The Bank continues to focus on enhancing women’s socio-economic status through targeted financing, risk mitigation, and capacity building.

The high-level forum also saw bilateral meetings between the IsDB delegation and  UN partners in anticipation of future international events such as the upcoming UNGA-78 Summit of the Future in addition to the 4th International Conference for Financing and Development, Spain 2025 which  seeks to reevaluate the financial architecture of development, aligning with the 2030 Agenda.

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