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IDB to announce Science & Technology Online Platform

islamic-development-bank-idbJeddah : The Islamic Development Bank (IDB) will announce its plan today to launch a major online platform that will be open for innovators around the world. The platform will offer solutions for the benefit of the developing world in 5 focus areas of the Global Sustainable Development Goals: Clean water and sanitation, affordable and clean energy, good health and well-being, quality education and zero hunger.

Senior Advisor to the President of IDB on Science & Technology, Dr. Hayat Sindi will make the announcement on behalf of the Bank during a presentation at the Cleantech Venture Day in London, at 3:45 BST.

“We welcome the best corporations in the world to cooperate with us, and we will also strive to be an enabler on the deployment of new technologies by offering mentoring and funding. For us it is important to build this bridge and to connect the world to work towards the Sustainable Development Goals,” says Dr. Hayat Sindi.

The new online platform will serve as a connecting ecosystem and will bring together policymakers, research institutions and private sector companies developing sustainable technologies to work together and bring lasting solutions to the problems of humanity.

Utilizing Science and Technology to address development challenges is one of the core priorities of IsDB.

The Islamic Development Bank is a multilateral development institution, established in July 1975 with Headquarters in Jeddah, Saudi Arabia. The IsDB provides development financing and technical assistance to its 57 member countries in line with its overall objective of fostering economic development and social progress; it finances projects and programs in both public and private sectors in member countries by investing in economic and social infrastructure, providing technical assistance, and promoting foreign trade. The IsDB also assists Muslim communities in non-member countries and undertakes research studies in Islamic economics and banking.

—IINA/SM/OIC-UNA

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