The International Humanitarian Summit will take place on the 30th of March, 2022 and will address major humanitarian issues such as racism, gender inequality, intolerance, and persecution, at the Expo 2020 Dubai.
Dubai (19/08/21) – The International Humanitarian Summit, was launched on the World Humanitarian Day, 19th of August 2021, to be held on the 30th of March 2022, in its mission to solve ongoing issues around the world including COVID 19 challenges and the persisting issues of racism, gender inequality, intolerance, and persecution.
The International Humanitarian Summit will bring together the international community of intellectuals, governmental institutions, human rights and philanthropic institutions, religious institutions, artists, media professionals, cultural associations and the private sector in order to discuss and shed light on the current concerns that need to be addressed, at the Expo 2020 Dubai.
Today’s crises are larger, more complex, and go on for years at a time. Providing humanitarian assistance has become much more difficult. The International Humanitarian Summit will voice out and discuss these issues in March next year, in order to lead, coordinate, and put efforts towards assistance overseas responding to humanitarian crises, natural disasters and manmade disasters. The International Humanitarian Summit will play a major role in promoting and assisting international humanitarian organizations that can better people’s lives and save more lives.
The United Arab Emirates is proud to host the International Humanitarian Summit, which will shed light on humanitarian workers who are reaching out to the most vulnerable people to save lives and alleviate suffering. In no other time has the generous, bravery, and sacrifice of aid workers been more evident or necessary. Around the world, humanitarian workers haven’t stopped saving lives despite the recent pandemic.
The Covid-19 pandemic was responsible for one of the largest humanitarian crises since the Second World War. Over the past few months, it has severely affected the humanitarian sector. The aid industry has suffered the most severe impact of all the industries affected by the pandemic. Countries from all over the world came together to provide medical supplies and medical professionals, however, other sectors of the aid industry received little support. Even with the global pandemic, the International Humanitarian Summit will continue to voice out issues and be a platform to inspire the world, serving as a catalyst for international crisis response in both diplomatic engagements and humanitarian assistance.
The United Arab Emirates has made its mark at the forefront of countries in the world in providing services and providing humanitarian aid and helping those in need around the world. And to crown this role comes the announcement of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, on Wednesday announced that the UAE would offer Golden Visas to charity and humanitarian aid workers in recognition of their efforts and sacrifices. The announcement to provide long-term residence visas was made on World Humanitarian Day.
In this regard, Mr. Dawood Al Shezawi, Secretary-General of the Board of Trustees, stated about the pioneering role of the United Arab Emirates throughout its history through humanitarian work at the regional and global levels “ The UAE policies put humanitarian and development work at the center, which is evident by the establishment of hundreds of humanitarian projects and institutions. Globally, the UAE plays a leading humanitarian role, dedicating resources and efforts to empowering communities and removing barriers to sustainable development.”
Gender Equality and Women Empowerment are topics that will be explored at the International Humanitarian Summit to enable private organizations and governments in promoting an equal world. Sessions will focus on creating an inclusive environment for women and people of determination within the society.
Utilizing the latest digital technology via Events10x, the International Humanitarian Summit will take place in the form of a hybrid event, and will be a powerful dialogue platform which will discuss vital issues in order to achieve a peaceful, healthy and liveable society based on mutual respect and understanding.
The summit is powered with the most anticipated Global Leaders Debate who will discuss the increased fragmentation around the world due to extremism and intolerance, which play a destructive role in achieving global happiness and prosperity. The purpose of this debate is to bring together international leaders to discuss policies to counter these problems and to propose initiatives to further boost human fraternity and tolerance.
The International Humanitarian Summit will feature the Humanitarian Art and Photography Gallery, which allows artists and photographers from around the world to showcase their work while promoting humanitarian values. Through this, visitors will be able to cultivate knowledge, increase awareness and access leading academic archives. Furthermore, the event will also host a digital exhibition where local governments, private institutions and organizations from respective countries will unveil their humanitarian efforts to virtual attendees.
Humanitarian Stories will provide participants with the opportunity to watch encouraging stories about life-changing initiatives from around the world. By doing so, The International Humanitarian Summit will help improve society, as well as highlight individual and institutional efforts in shaping it.
Date: 2nd September 2021, Tashkent – Republic of Uzbekistan
It gives us a great pleasure to invite you to participate in the Islamic Development Bank Group (IsDB Group) Private Sector Forum in conjunction with the 46 Annual Board of Governors Meeting in Tashkent —- Republic of Uzbekistan under the theme “Respond, Restore, Restart: Post- COVID Resilience and Prosperity for all”. The Forum will take place at the Tashkent City Congress Hall, Tashkent – Republic of Uzbekistan, on 24 September 2021 from 09:30 to 16:30 (Tashkent time).
The main objective of the Private Sector Forum is to highlight IsDB Group activities, services, initiatives and joint solutions in member countries (investment, trade and insurance). The Private Sector Forum shall provide a unique platform to network and establish business relations and partnerships with other leading representatives and counterparts from business community in order to share their related experience, success stories & best practices and to explore together the investment and trade opportunities offered by CIS countries. Furthermore, it will connect business communities in member countries by arranging parallel B2B and B2G scheduled meetings.
The Government of the Republic of Uzbekistan and the IsDB Group, conscious of the challenge linked to the exceptional circumstances posed by the COVID-19 pandemic and cognizant of the safety of all delegates and participants. In this regard, a comprehensive health and safety plan has been prepared, which includes risk mitigation measures, guidelines to manage the flow of participants, specific COVID-19 related hygienic measures, and pre-emptive safety procedures.
In this regard, we are pleased to invite your esteemed organization to participate and provide the necessary media coverage for this forum. We are confident that your presence and active participation in this important event will contribute to the successful achievement of its objectives.
For further information on the provisional program, registration and logistics, please refer to the Private Sector Forum website (www.IsDBG-PSF.org)
The Islamic Development Bank (IsDB) Group hosted a webinar on the impact of the COVID-19 pandemic on the global investment outlook, which was organized in collaboration between the United Nations Conference on Trade and Development (UNCTAD) and the Country Strategy and Cooperation (CSC) Department, IsDB on 17th November 2020 to discuss the impact of COVID-19 on FDI and trade in OIC member countries.
The main objective of the webinar is to present the key ﬁndings of the World Investment Report 2020 – International Production Beyond the Pandemic with a highlight on FDI trends in foreign direct investment (FDI) worldwide, at the regional and country levels and emerging measures to improve its contribution to development. In addition to presenting IsDB Group Strategy during COVID-19 and its impact on OIC Member Countries and Investment Promotion Agencies (IPAs).
The Webinar also proposed adopting policies and strategies to revive investment and trade in member states to advance investment promotion activities, in order to support the IsDB Group efforts to assist Investment Promotion Agencies (IPAs) in member countries by assisting them in devising appropriate investment and trade policy responses to the ongoing pandemic
Mr. Oussama Kaissi, CEO of the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), stated that “the COVID-19 pandemic has created a devastating global health crisis. According to UNCTAD’s 2020 World Investment Report, global flows of foreign direct investment (FDI) will be under acute pressure this year as a direct result of the pandemic. In order to combat these implications in member countries, IsDB and its group members have implemented a number of initiatives to maintain trade and investment flows. ICIEC will be an important part of the long-term recovery, supporting the growing demand for risk mitigation solutions”.
Mr. James Zhan, Director, Investment & Enterprise Division, UNCTAD, made a presentation which highlighted the key findings and policy recommendations found in its World Investment Report 2020: International Production Beyond the Pandemic.
Mr. Amadou Diallo, the Acting Director-General, Global Practices at the Islamic Development Bank in his speech stated that during COVID-19, the Bank provided technical assistance programs for the Islamic Development Bank Group such as RCI and ITAP to support the Member Countries by assisting them in developing suitable plans for investment and trade policy to confront the ongoing Corona pandemic. This is in the framework of a tripartite approach centered around the “response, recovery and rebuilding” pillars.
Mr. Mohammed Bukhari, Senior Investment Promotion & Regional Cooperation Specialist, CSC Dept., IsDB delivered a presentation on the impact of COVID-19 on MCs, particularly in foreign direct investment (FDI), domestic investment and investment promotion agencies (IPAs).
It is noteworthy that the private sector institutions of the Islamic Development Bank Group played an important role during COVID-19, as Mr. Asheque Moyeed, Division Head, Infrastructure & Corporate Finance, the Islamic Corporation for the Development of the Private Sector (ICD) made a presentation which focused on the efforts related to promoting investment in member countries, where the IsDB Group private sector institutions pledged with IsDB to provide $ 700 million to stimulate investment, finance trade, investment insurance and export credit in member countries. Two D-8 Egypt and Turkey are going to utilize around $270 million of this package.
The webinar brought together over 500+ participants from 113 countries, including government officials, Presidents & CEOs of local/international private sector companies, multilateral and financial institutions, individual investors, entrepreneurs, chambers of commerce & Industry, business associations, and investment promotion agencies
WBP is a Swiss-based international non-profit organization (www.womensbrainproject.com) focused on sex and gender determinants of brain and mental health as a gateway to precision medicine.
WBP’s mission is “Identifying specific needs related to women’s brain health, advocating for change, and positioning the findings for the benefit of the society.”
In September 2020, WBP held an international Forum out of Zurich, Switzerland. You can still register and access all the content, from insightful keynotes to the recordings of the live discussions, see below:
WBP Forum 2020
CFI.co’s Chairman Tor Svensson is an adviser to and keen supporter of WBP. See his keynote speech for the Forum here:
Should you wish to make a charitable donation for the new WBP research centre of excellence under planning in Switzerland, please contact Tor Svensson at email [email protected] to discuss.
Excellencies, Ladies and Gentlemen, Esteemed Guests,
It is my distinct honor to welcome you to the UAE’s first-ever digital edition of the Annual Investment Meeting. Thank you to everyone participating, including our panelists from the Governments of Costa Rica, Canada, Nigeria and Russia. Today’s discussion on how countries are ensuring the free flow of trade and investment could not be more timely, especially as the world grapples with the economic recovery and moves toward building a more resilient, post-COVID economy.
As you know, the pandemic has significantly impacted global markets, creating new challenges for trade and investment. According to the United Nations’ 2020 World Investment Report, global FDI flows are estimated to decrease by up to 40% this year, dropping well below their value of $1.54 trillion in 2019. This would bring global FDI below $1 trillion for the first time since 2005. Global FDI flows are expected to decline even further in 2021, by 5% to 10%, and only in 2022 do we expect to start seeing markets recover.
While the challenges ahead are enormous, the UAE sees tremendous opportunity for governments and business leaders to work together through trade and investment to reshape policies, create new partnerships, leverage new technologies, and build a future global economy that is more diverse, inclusive, and sustainable. We know that FDI can bring new technology and know-how, lead to new jobs and growth, and is often the largest source of finance for economies – making today’s discussion even more imperative.
For the UAE, FDI has played a critical role in our economic growth. In 2019, the UAE was the largest recipient of FDI in the region, largely due to our increased focus over the years on enhancing local conditions to attract FDI. With policies and measures in place, such as our Foreign Direct Investment Law enacted in 2018 to further open the UAE market to investors in certain sectors, and the issuance of our Positive List, which allows for greater foreign investment across 122 activities, the UAE was able to increase our FDI value by 32% in 2019. The UAE also came in 16th of 190 countries in the World Bank Ease of Doing Business 2020 Ranking due to our digitization strategies and promising business regulatory environment.
The UAE is continuing to refine and implement policies that will maximize competitiveness, increase collaboration, and provide opportunities to facilitate trade and investment. Our aim is to become the #1 country for foreign investment, target zero contribution from oil to our GDP in the next 50 years, and support research, development, and innovation. The UAE’s trade and investment strategy is centered on economic diversification and focuses on enhanced investment in industries such as communications, Blockchain, artificial intelligence, robotics, and genetics. We are also initiating measures to strengthen our position as a regional leader in supplying financial and logistical services, infrastructure, energy supplies, and other services.
The UAE believes that increased partnership and cooperation with governments and the private sector will be key to achieving our objectives. We view platforms such as the Annual Investment Meeting as instrumental in bridging the gap between nations and supporting global efforts to strengthen international trade and investment. Through this platform, we hope that participants will uncover new, innovative ideas and investment opportunities needed to build back better and ensure a strong post-COVID recovery.
H.E. Dr. Thani Al Zeyoudi, Minister of State for Foreign Trade: Our aim is to become the #1 country for foreign investment, target zero contribution from oil to our GDP in the next 50 years.
Successful Investment Roundtables for Energy and Agriculture concluded with strategies to facilitate sustainable, smart and scalable investments.
Startups took virtual centerstage as they competed at the Global Champions League 2020
Dubai, October 21, 2020 – After the huge success of its opening day, AIM Digital, the first digital edition of the Annual Investment Meeting, continued to gain momentum as it reached Day 2. The three-day mega digital event, an initiative of the Ministry fo Economy, under the patronage of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, UAE Vice President and Prime Minister and Ruler of Dubai, concluded its second day with interactive activities that catalysed investment-generation, knowledge-enhancement, and local, regional and international collaborations.
Joined by more than 15K participants from over 170 countries, including 70+ high-level dignitaries from across the globe, the second day of AIM Dıgital witnessed a wide range of major events, from the Conference, Exhibition, Investment Roundtables, and Regional Focus sessions to Conglomerate Presentations and Startups competitions; all geared towards providing opportunities to achieve a digital, sustainable & resilient future.
In his keynote speech in the FDI session, Ministers Roundtable: Adapting to the New Flow of Trade and Investment, His Excellency Dr. Thani Al Zeyoudi, the UAE Minister of State for Foreign Trade, said: “It is my distinct honor to welcome you to the UAE’s first-ever digital edition of the Annual Investment Meeting. Thank you to everyone participating, including our panelists from the Governments of Costa Rica, Canada, Nigeria and Russia. Today’s discussion on how countries are ensuring the free flow of trade and investment could not be more timely, especially as the world grapples with the economic recovery and moves toward building a more resilient, post-COVID economy. The pandemic has significantly impacted global markets that created new challenges for trade and investment. While the challenges ahead are enormous, the UAE sees tremendous opportunity for governments and business leaders to work together through trade and investment to reshape policies, create new partnerships, leverage new technologies, and build a future global economy that is more diverse, inclusive, and sustainable. We know that FDI can bring new technology and know-how, lead to new jobs and growth, and is often the largest source of finance for economies – making today’s discussion even more imperative.”
He further stated that FDI has played a critical role in the UAE’s economic growth, with policies and measures in place, such as the Foreign Direct Investment Law enacted in 2018 to further open the UAE market to investors in certain sectors, and the issuance of Positive List, which allows for greater foreign investment across 122 activities, and increasing the UAE’s FDI value by 32% in 2019. He also mentioned that the UAE came in 16th of 190 countries in the World Bank Ease of Doing Business 2020 Ranking due to the country’s digitization strategies and promising business regulatory environment.
His Excellency Al Zeyoudi furthered: “The UAE is continuing to refine and implement policies that will maximize competitiveness, increase collaboration, and provide opportunities to facilitate trade and investment. Our aim is to become the #1 country for foreign investment, target zero contribution from oil to our GDP in the next 50 years, and support research, development, and innovation. The UAE’s trade and investment strategy is centered on economic diversification and focuses on enhanced investment in industries such as communications, Blockchain, artificial intelligence, robotics, and genetics. We are also initiating measures to strengthen our position as a regional leader in supplying financial and logistical services, infrastructure, energy supplies, and other services.”
He added: “The UAE believes that increased partnership and cooperation with governments and the private sector will be key to achieving our objectives. We view platforms such as the Annual Investment Meeting as instrumental in bridging the gap between nations and supporting global efforts to strengthen international trade and investment. Through this platform, we hope that participants will uncover new, innovative ideas and investment opportunities needed to build back better and ensure a strong post-COVID recovery.”
Furthermore, world-class speakers shared their viewpoints in Day 2 of the Conference highlighting Foreign Direct Investment, Foreign Portfolio Investment, Small and Medium-sized Enterprises, Startups, Future Cities, and One Belt, One Road, including H.E. Amb. Mariam Yalwaji Katagum, Minister of State, Federal Ministry of Industry Trade and Investment of The Federal Republic of Nigeria; Victoria Hernández Mora, Ministry of Economy, Industry and Commerce of Republic of Costa Rica; Hon. Victor Fedeli, Minister of Economic Development, Job Creation and Trade of Ontario, Canada; and Sergey Cheremin, Minister of Moscow City Government Head of Department for External Economic and International Relations, among others.
Two Investment Roundtables were also held successfully at the second day of AIM Digital, concluding with strategies to facilitate sustainable, smart and scalable investments. The Energy Roundtable was led by Laszlo Varro, the Chief Economist of International Energy Agency, which works with countries around the globe to structure energy policies towards a secure and sustainable future. Among the notable participants include H.E. Arifin Tasrif, Minister for Energy & Mineral Resources of the Republic of Indonesia; and H.E. Gabriel Obiang, the Minister of Mines and Hydrocarbons of Equatorial Guinea. The Agriculture Roundtable was led by Islamic Development Bank Group, the multilateral development bank working to promote social and economic development in Member countries and Muslim communities worldwide, delivering impact at scale.
In addition, the second set of National Winners competed on Day 2 of the AIM Global National Champions League. Overall, a total of 65 countries competed at this international startups competition. The top five global champions that will win a total prize of USD50,000 will be announced on the last day of AIM Digital. The competition was launched in a bid to help startups in maximizing their potential to attract funding and promote their business ideas to a global audience, getting utmost exposure and expanding their network.
Participating in the Conglomerate Presentation feature of AIM Digital is Elsewedy Electric led by Eng. Ahmed Elsewedy, its President and CEO. Elsewedy Electric began as a manufacturer of electrical components in Egypt 80 years ago, and Electric has evolved into a global provider of energy, digital and infrastructure solutions with a turnover of EGP 46.6 billion in 2019, operating in five key business sectors, namely Wire & Cable, Electrical Products, Engineering & Construction, Smart Infrastructure and Infrastructure Investments. As part of its commitment to sustainability, it has established green energy and smart metering projects across Africa, the Middle East and Eastern Europe.
The Regional Focus Sessions featured the regions of Asia and Latin America and explored the risks, challenges and opportunities for growth and regional cooperation. Regional Focus Session on Asia brought together government officials and investment authorities from the ASEAN Member States and discussed their strategies to create a borderless and sustainable bloc that will push organic growth, as well as their approaches to gain resilience in the economy. Regional Focus Session on Latin America highlighted the significance of regional and international partnerships to combat the current pandemic and boost trade, investments and employment within the region.
Moreover, Country Presentations on Day 2 presented the outstanding features and investment opportunities in Colombia, Egypt and the Federal Democratic Republic of Ethiopia which highlighted the countries’ status as attractive investment destinations.
Another highly anticipated event in the largest virtual gathering of the global investment community is the announcement of winners for the Investment Awards and Future Cities Awards which will take place on Day 3 of AIM Digital. AIM Investment Awards will grant recognition to the world’s best Investment Promotion Agencies and the best FDI projects in each region of the globe that have contributed to the economic growth and development of their markets. Likewise, AIM Future Cities Awards will give tribute to the best smart city solutions providers and for outstanding projects that have resulted to enhanced operational efficiency and productivity, sustainability, and economic growth.
Day 1 of AIM Dıgital welcomed the presence of globally renowned personalities such as the UAE Minister of Economy, His Excellency Abdullah bin Touq Al Marri who emphasised the vision of UAE’s wise leadership for the post-COVID era, reflecting great significance to enhancing the readiness of the country’s government sector, raising efficiencies and performance at the federal and local levels. Keynote remarks were delivered by H.E. Juri Ratas, the Prime Minister of Republic of Estonia; H.E. Rustam Minnikhanov, the President of the Republic of Tatarstan; H.E. Dr. Bandar M. H. Hajjar, the President of Islamic Development Bank Group (IsDB Group); H.E. Mohammed Ali Al Shorafa Al Hammadi, the Chairman of Abu Dhabi Department of Economic Development (ADDED); and Dr. Mukhisa Kituyi, the Secretary-General of the United Nations Conference on Trade and Development (UNCTAD).
The UAE Minister of State for Entrepreneurship and SMEs, His Excellency Dr. Ahmad Belhoul Al Falasi, underlined in his Keynote Address for the SME Pillar, that it is crucial for Startups and SMEs to be given opportunities to bounce back from the impact of pandemic and provide a conducive environment that will empower them to have the capability of supporting growth and success.
The Global Leaders Debate featured prominent keynote debaters such as Armida Salsiah Alisjahbana, the Under-Secretary-General of the United Nations and Executive Secretary of United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP); Mohamed Alabbar, the Founder of Emaar Properties, Alabbar Enterprises and Noon.com; Mohammad Abdullah Abunayyan, the Chairman of ACWA Power; and Arkady Dvorkovich, the Chairman of Skolkovo Foundation, who discussed the strategies to restructure the economies in overcoming the consequences of the pandemic.
The first digital edition of the Annual Investment Meeting with the theme “Reimagining Economies: The Move Towards a Digital, Sustainable and Resilient Future, will be held until the 22nd of October 2020.
The Annual Investment Meeting (AIM) is an initiative of the UAE Ministry of Economy, held under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE, and Ruler of Dubai. AIM is the world’s leading investment platform with over 16,000 participants coming from more than 140 countries. Over 400 exhibitors and co-exhibitors, 60+ high-level dignitaries, 150+ investment specialists and experts have participated in AIM 2019.
31 August, 2020: The first virtual edition of Global WoodShow is all set to take place from 7 – 9 September, 2020. Exhibitors and visitors will be able to avail an umpteen amount of benefits such as reduced participant cost, networking with elite industry experts, promotion of brand scope and portfolio digitally, increased return of investment, direct networking and chatting opportunities between exhibitors and visitors, exclusive deals on offer and strong opportunities to close business deals with serious buyers virtually.
To ease the B2B meetings, video meetings shall be conducted through the platform which will allow the participants to easily connect and put forward their ideas and best practices. Keen exhibitors seeking an incomparable chance at attaining global exposure can launch their latest products and technologies. 24 hours of online interaction will be provided by the WoodShow portal which will cater to all your immediate inquires. For any queries, participants can interact with agents through the live chat or browse through the questions (FAQs) on the portal.
The Global WoodShow is the leading destination for wood specialists, professionals, entrepreneurs and key leaders from over the last 15 years. Their premium shows have been running successfully across Dubai, Cairo and Gabon covering Middle East, North Africa, Western and Central Africa with 100,000+ Visitors, 500+ Exhibitors and brands and 100+ participating countries.
Acknowledging the ongoing circumstances of the current global crisis creating uncertainty, travel bans and restrictions, The Global WoodShow aligns with all precautionary measures and has initiated a safe virtual exhibition to encourage business continuity and continue supporting the wood and woodworking industry. Participants can engage in a virtual business-to-business meeting place for the wood, wood accessories and woodworking machinery industry. Suppliers, manufacturers & machinery companies can showcase their products, innovative technologies, production scenarios and large-scale machinery virtually.
Mr. Dawood Al Shezawi, President, WoodShow Global Organizing Committee said, “The WoodShow promises to provide a high-quality annual business event that will offer abundant opportunities to industry professionals. It will be a valuable experience as we bring key decision makers from the industry to you. This virtual platform will gather exhibitors from countries around the world with no travel hassle. You will not only be able to interact with your suppliers safely but also open up new doors to reactivate your business.”
The Hague, November 15, 2019 – The
Dutch Fund for Climate and Development (DFCD) has officially been launched in
the presence of government officials, NGOs, investors, politicians and other
interested parties. In May of this year, the DFCD was awarded to the consortium
of Dutch development bank FMO, SNV Netherlands Development Organisation (SNV),
World Wide Fund for Nature (WWF-NL) and Climate Fund Managers (CFM). “Today’s
launch means that the DFCD is officially open for business,” said Linda
Broekhuizen, Chief Investment Officer at FMO. “The consortium is keen to
connect with innovative entrepreneurs with climate-related businesses and with
private investors keen to mobilize much-needed funding from the private sector
to join us in our mission to create a more climate-resilient world.”
Climate change is one of the
biggest challenges we face today. It is already affecting people and nature
across the globe, with developing countries being most impacted. “The poorest
communities are the most vulnerable to climate change. Poor farmers and others
at the bottom of the pyramid suffer and lose their livelihoods even with small
changes in rainfall patterns or temperature”, as Meike van Ginneken, Chief
Executive Officer at SNV explained.
There is an urgent need for
investment to enable vulnerable communities and ecosystems to adapt to climate
change. Carola van Rijnsoever, Director of Inclusive Green Growth, and
Ambassador for Sustainable Development, Dutch Ministry of Foreign Affairs,
said: „The challenge we face to help communities adapt to and mitigate the
effects of climate change is enormous, and the case for action is incredibly clear.
We cannot do this with governments alone. We need all stakeholders to be strong
enough to confront this challenge. The set-up of this consortium in which
finance and NGOs come together, is unique and uniquely positioned to do this.“
The government of The Netherlands has committed to addressing this need through
the DFCD, making EUR 160 million available in the period 2019-2022 for climate
adaptation and mitigation, of which at least 50% is earmarked for climate
DFCD is a direct response to
the increasing demand for climate adaptation projects that have to date
suffered from a lack of funding compared with mitigation efforts. Linda
Broekhuizen adds: “In 2018, USD 612 billion was invested in climate mitigation
which is important and much needed. In contrast however, only 5%, USD 30
billion, was invested in adaptation. Adaptation may have to be USD 180 billion
a year if the 2030 goal is to reach the USD 1.7 trillion as required according
to the most recent report of the Global Commission on Adaptation.”
To help bridge this funding
gap the DFCD aims to mobilize upwards of EUR 500 million from private sector
investors. Andrew Johnstone, Chief Executive Officer of Climate Fund Managers
adds: “The opportunities are there. Take water for example: 80% of the world’s
wastewater enters rivers and oceans untreated and by 2025, half of the world’s
population will be living in water stressed areas. Neither the private nor the
public sector is doing enough, but together the investment potential is enormous,
as is the impact to be delivered.”
This partnership of NGOs and
financiers seeks to develop and finance sustainable private sector solutions to
enhance resilience to the effects of climate change. These projects will boost
the health of freshwater, forest, agricultural and ocean ecosystems, and
improve water management.
“The consortium takes a
landscape approach through investing in projects which are planned in an
inclusive manner, and build on a solid understanding of the landscape,
ecosystems and communities. In this way these projects will contribute to
healthier ecosystems,” said Kirsten Schuijt, Chief Executive Officer of WWF-NL.
“New and incredibly exciting in this consortium is that there is early-stage
funding available to convert adaptation opportunities into bankable
WWF and SNV take on the key
role of developing climate-relevant projects from an early-stage idea to a
bankable business case. Climate Fund Managers and FMO provide investment
capital, delivering projects to full operations. This combination of
early-stage involvement with full life-cycle funding will ensure lasting,
long-term impact that contributes to the Paris Agreement and the United
Nation’s Sustainable Development Goals (SDGs).
picture from left to right the DFCD partners at the official launch event in
The Hague: Andrew Johnstone, CEO of Climate Fund Managers, Kirsten Schuijt, CEO
of WWF-NL, Linda Broekhuizen, CIO of FMO, Albert Bokkestijn, project manger
DFCD at SNV, Carola van Rijnsoever, Director Inclusive Green Growth, and
Ambassador Sustainable Development, Dutch Ministry of Foreign Affairs.
November 14, 2019, Mr. K.V. Kamath, President of the New Development Bank
reported to the Leaders of Brazil, Russia, India, China and South Africa during
the 11th BRICS Summit in Brasilia, Brazil.
“Thus far, the NDB has approved 46 projects
for USD 12.8 billion in our member countries. By the end of this year, we
expect the approvals to reach about USD 15 billion. In 2020, we are targeting
approvals of USD 8-10 billion,” said Mr. K.V. Kamath.
“We are measuring the impact of our work through our contributions to the achievement of the Sustainable Development Goals that our members have committed to. We are also supporting projects that address some of the core developmental needs in our member countries, as articulated in their development agendas,” said the NDB President.
Mr. K.V. Kamath highlighted operations
of the Bank in its member countries:
In Brazil, the NDB is supporting improved physical connectivity of remote areas to logistical hubs while simultaneously laying the infrastructure for enhanced digital connectivity.
In Russia, in addition to financing infrastructure that will conserve and improve accessibility to historic and cultural centers, the Bank is moving into new areas such as bringing digital technologies to the judicial system, expanding higher education and supporting railway sector.
In India, the NDB is investing in improving connectivity of rural areas to markets and opportunities, as well as in better management of water resources.
In China, the Bank is contributing to the rehabilitation and restoration of environmental assets that were adversely impacted during the phases of rapid growth and lending for innovative green technologies.
In South Africa, the NDB is assisting energy and water projects, two areas that are at the heart of the country’s economic and social challenges.
“NDB has thus far received USD 5.6 billion in
capital, including advance payments of the fifth instalment by China and
Russia. We expect to receive the balance USD 900 million of the fifth
instalment from our other three members by January 2020,” stated the NDB
“The Bank’s Africa Regional Center in
Johannesburg has proved that on-the-ground presence makes a big difference to
our work. Our Brazil office is already staffed and ready to open and we await
completion of necessary formalities. Preparations for our office in Moscow are
at an advanced stage and we will open this office early next year. We will
follow that up with our Delhi office in the first half of 2020,” added Mr.
“Going forward, the Bank is capable of
sustaining between USD 8-10 billion of annual lending. With the initial USD 10
billion of capital that has been provided to it by the founding members, by
2027, the Bank can achieve a total asset book of about USD 50 billion.”
“As and when the decision is taken to admit
new members to the Bank, and capital from these new members is received, the
Bank can grow further. Under this scenario, it can achieve a total asset book
of about USD 90 billion by 2027,” projected the NDB President.
The NDB was established by Brazil, Russia,
India, China and South Africa to mobilize resources for infrastructure and
sustainable development projects in BRICS and other emerging economies and
developing countries, complementing the existing efforts of multilateral and
regional financial institutions for global growth and development. To fulfill
its purpose, the NDB will support public or private projects through loans,
guarantees, equity participation and other financial instruments. According to
the NDB’s General Strategy, sustainable infrastructure development is at the
core of the Bank’s operational strategy for 2017-2021. The NDB received AA+
long-term issuer credit ratings from S&P and Fitch and AAA foreign currency
long-term issuer rating from Japan Credit Rating Agency (JCR).
The 17 Sustainable Development Goals (SDGs) were first established at the United Nations General Assembly in 2015 by 193 world leaders, with a commitment to ending global poverty, reducing inequalities and tackling climate change by 2030. With only 10 year’s left to achieve the SDGs, a high-level international forum – SDGs Impact Summit – has been conceptualised with a special focus on unlocking the innumerable potential of a collaboration between the Global North and South in accelerating action on the SDGs. Hosted and spearheaded by the Global South, the first edition of the Summit will bring the focus to India, the world’s youngest and second most populous country, and takes place on 15th and 16th of November at Taj Palace Hotel in New Delhi.
Whilst the Global North holds one quarter of the world’s
population but controls four-fifths of the world’s income, the Global South
inversely bears three quarters of the world’s population with access to only
one fifth of the world’s income. As two separate and independent entities, the
Global North and Global South houses the resources and capability to solve the
world’s most prevalent issues, yet this remains firmly locked and restricted by
the lack of interconnectivity and collaboration by the two. By bringing the
Global North and Global South together as one force with a common blueprint,
the SDGs Impact Summit aims to bridge this economic and resource divide, by
connecting borders, unleashing innovation and localising solutions to address
complex world issues and explore solutions to achieve the SDGs by 2030 and
unlock a truly global alliance for good.
The Summit will convene a cross-sector, cross-continental
collaboration between a dynamic and unusual coalition of leaders and
changemakers across business, celebrity, polity, academia, NGOs and activists.
Together they will inspire on-ground action by encouraging constructive and
open dialogue, story-telling and lesson sharing, which will in turn help to
galvanise the formation of partnerships from individuals and organisations
within the Global North and South, committed to accelerating progress to
achieving the SDGs by 2030.
The Summit will include Plenary and Speed Talk Sessions as
well as a Hackathon in search of the next generation of disruptors. Audiences
within and beyond the Global South will be encouraged to mobilise action to
address some of the pressing issues of the decade including climate change, inequality,
poverty, hunger, gender equality, education and government accountability,
broadly segmented into four thematic areas – People, Prosperity, Planet and
The World We Want is Founded by Natasha Mudhar, an SDGs
campaigner and advocate, who was also appointed India Director of Project
Everyone, an organisation co-founded by filmmaker Richard Curtis to launch and
popularise the SDGs when they were launched in September 2015, to 1.3bn people
in India. Speaking ahead of the global announcement for the SDGs Impact Summit,
Natasha said: “Currently, the discourse surrounding achieving the SDGs has
been predominantly hosted by the West, which has somewhat limited the offering
of the Global South. Without support and engagement from the South, the
achievement of the SDGs will not be possible.
“We are living in an era by which the resources to ensure
the sustainable future of our planet and human race are available. Yet these
resources cannot be fully utilised until we explore the true potential of
cross-sector collaboration, where the North meets South, East meets West,
private sector meets public, business meets government, innovation meets
investment and entrepreneur meets activist. The Summit will provide an
interactive stage to the international rule breakers, problem solvers,
storytellers, thought shapers and renegades with a cause who are committed to
achieving the Sustainable Development Goals by 2030 and will unlock
unimaginable possibilities between the Global North and South. The vision
behind this Summit is to become the blueprint and facilitator for change as we
move into the final decade of delivery from 2020.”
The SDGs Impact Summit will coincide with the launch of key
initiatives to inspire advocacy and SDGs action.
The World We Want has conceptualised a 10-year grassroots
plan starting in 2020 and begin-ning in India before rolling out to other
Global South countries, to support the nation to acceler-ate its progress in
achieving its targets by 2030. Agenda 2030 India will focus on
cultivating cross-sector collaborations between corporates, celebrities, NGOs,
young changemakers, aca-demia and policy officials through the launch of SDGs
Hubs. Each Hub will be aligned to specific SDGs, SDGs targets and the
government’s national and local agendas. The coalition members will raise
awareness of the SDGs targets, leverage their networks to demonstrate action,
show-case inspiring stories and mount a disruptive campaign to build a demand
Hello! India Magazine will publish a special issue, Power
of Giving on stands in January 2020, marking the countdown to a Decade of
Delivery. The special edition issue will be aligned to SDGs and will spotlight
the world’s most impactful thought-leaders and changemakers across multiple
sectors. The special edition will coincide with the Hello! India Power of
Giving Gala Ball & Changemakers Awards.
The World We Want with partners Global Goals World Cup, will
organise a special mixed gender celebrity version of the flagship football
match for SDG5: Gender Equality in 2020.
“We are not content with a singular event to pedal the
success of the goals. The SDGs Impact Summit has been conceptualised to be a
clarion call for an ongoing strategic plan of action across the proceeding
decade. The SDGs can only be achieved with continuous calls to action, which
can be achieved as the Summit takes place on an annual basis. One single sector
cannot possibly solve the world’s problems by themselves, but a universe of
stakeholders in tandem can”, Natasha added.
Impact Summit is a high-level international forum with a special focus on
unlocking the innumerable potential of a collaboration between the Global North
and South in accelerating action on the Sustainable Development Goals (SDGs).
Whilst the Global North holds one quarter of the world’s population and
controls four-fifths of the world’s income, the Global South inversely bears
three quarters of the world’s population and has access to only one fifth of
the world’s income. The SDGs Impact Summit has been specifically conceptualised
to bridge this economic and resource divide, by unlocking borders, unleashing
innovation and localising solutions to address complex world issues and explore
solutions to achieve the SDGs by 2030. The multi-sector event will convene a
dynamic coalition of sector leaders and changemakers across business,
celebrity, polity, academia, NGOs and activists to encourage on-ground action
through Plenary and SpeedTalk sessions, Hackathons, SDGs Marketplace and other
impactful activities. The annual summit will be an interactive space for
coalition building and to galvanise action within and with the Global South to
address some of the pressing issues of the decade including climate change,
inequality, poverty, hunger, gender equality, education and government
accountability, broadly segmented into four thematic areas– People, Prosperity,
Planet and Partnerships.
World We Want
The World We Want (WWW) is a global impact enterprise working with organisations and individuals to accelerate the progress to achieving the UN’s Sustainable Development Goals by 2030. WWW aims to utilise its global reach and expertise to convene governments, corporations, celebrity and popular culture. government, campaigners, civil society, individuals and not for profits, leveraging ideas, networks and technologies to bring visions to life and create sustainable solutions. The World We Want will be powered by “Accelerator” ventures aligned to the Sustainable Development Goals, with a focus on convening leading organisations, corporations, public figures including celebrities, campaigners and thought leaders around the world to awaken social consciousness and drive meaningful change. Ventures include using expertise to help organisations add real meaning to the lives of stakeholders, identifying and developing the change makers of the future, empowering the world’s citizens through supporting open data policies, harnessing the power of celebrity and pop culture to entertain and inspire audiences and supporting critical impact projects through an ethical investment fund. With an international team, WWW has been co-founded by Teji Singh and Natasha Mudhar, seasoned entrepreneurs with a commitment to doing well, by doing good. They are also the driving force behind the award-winning global business and communications consultancy Sterling Group.