UN and IsDB Collaborate on Islamic Social Financing Initiative Supporting Economic Recovery and COIVD-19 Response

The United Nations Institute for Training and Research (UNITAR) will enable the ‘International Dialogue on the Role of Islamic Social Financing in Achieving the Sustainable Development Goals (SDGs)’ through a series of virtual seminars. This initiative, in collaboration with the Islamic Development Bank (IsDB) commenced during the holy month of Ramadan and will be held through November 2021.

Why it Matters?

The latest United Nations (UN) global economic forecast released on the 11th of May 2021, indicates that rising COVID-19 cases, lagging vaccinations in poorer countries and widening inequalities, have resulted in a major setback to the achievement of the UN SDGs. According to Mahmoud Mohieldin, UN Special Envoy on Financing the 2030 Age...