IslamicFinance.de

The United Nations Environment Programme (UNEP) and the Islamic Development Bank (IDB) today agreed on wide-ranging cooperation on environmental conservation in support of sustainable development and the fight against climate change. The Memorandum of Understanding, set to run until June 2018 initially, covers objectives common to the two organizations in the areas of climate change, agriculture and food security, eco-innovation and green economy, and Islamic finance. Capacity building in member countries in all these thematic areas will be supported. The overarching goal is to facilitate the implementation of both the 2030 Agenda for Sustainable Development and the Paris Agreement on climate change.