12 June 2017: Islamic Development Bank (IDB) Group President Bandar Hajjar and UN Deputy Secretary-General Amina Mohammed identified priority areas for strengthened cooperation between the two organizations during a meeting at IDB Group headquarters in Jeddah, Saudia Arabia, on 12 June 2017. They also explored opportunities to collaborate on global, regional and country-level priorities to achieve the SDGs.

Among the priority areas for strengthened UN-IDB Group cooperation, the Bank and UN will work to align the partnership strategies of IDB Group member countries with relevant SDGs. They will also seek to develop private sector partnerships, advance the Global Islamic Impact Investing Platform for blending Islamic Financing and Private Sector resources, and promote institutional cooperation.

Hajjar stressed that the IDB Group is “fully committed to the SDGs,” and highlighted its transformation from a development bank to “a bank of development and developers.” Mohammed, describing her visit as an opportunity to “start a new era for partnership,” underscored the importance of interactive partnerships with governments and of country-level results. [IDB Group Press Release]