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Case study

IsDB: Development of the Climate Change Policy Implementation Framework and Action Plan

In February 2019, the Islamic Development Bank (IsDB) Climate Change Policy (CCP) was approved by the Board. The CCP triggered the development of the Implementation Framework that was approved by management in July 2019. The Implementation Framework outlines the ways in which climate considerations can be integrated throughout the project cycle of IsDB
Key points
  • Consultations with different Complexes, Departments and Divisions within the Bank was instrumental in ensuring institutional ownership.
  • Building on existing project cycle system and business processing approach within the Bank further enhanced mainstreaming and reduced the risk of no-adoption of the Bank’s climate mainstreaming objectives.
  • Periodic capacity building to operation teams have increased their awareness on climate change issues.
  • The Climate Change Division of the Bank is relatively new, but the quick success in delivering these products is linked to Management’s full support.