ESCAP, IsDB Sign MoU for Strategic Support to Member Nations

The Executive Secretary of the Economic and Social Commission for Asia and the Pacific (ESCAP), Armida Salsiah Alisjahbana, and Islamic Development Bank (IsDB) Vice President (Finance), Zamir Iqbal, have signed a Memorandum of Understanding (MoU) with Joint Action Plan to enhance the strategic partnership between the two institutions and to provide adequate support to member countries in Asia and the Pacific region.

The new comprehensive MoU with Joint Action Plan will facilitate sustainable transport connectivity and trade through digitalization; road safety awareness, knowledge sharing, and capacity building; low-carbon, climate change resilient development; science, technology, and innovation policy support and capacity building, including using space applications and GIS for decision making. It will also enhance the SDG implementation in cities, including urban sector policies; ICT, digital connectivity, technology applications, data management, and transformation; energy transition and cross-border power systems connectivity, including green and smart grids; leaving no one behind with a focus on women’s entrepreneurship; south-south and triangular cooperation; and economic research and statistical capacity development.

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