JEDDAH/VIENNA, 2 June 2021 – The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank Group (IsDB) and the United Nations Industrial Development Organization (UNIDO) today held a high-level bilateral meeting to highlight two project agreements in a virtual kick-off ceremony with Eng. Hani Salem Sonbol, CEO of ITFC and LI Yong, Director General of UNIDO. Following the ceremony, the ongoing strategic partnership between the two entities was further discussed.
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1. The year, 2019 was the
second warmest year on record after 2016, and it marked the end of the warmest decade (2010- 2019) ever recorded. This means that the amount of heat in the atmosphere, land, and sea was at its highest in the last decade.
2. Climate action is goal number 13 of the Sustainable Development Goals (SDGs). It aims for countries to improve their effort towards tackling climate change by reducing greenhouse gas emissions gases that trap heat radiation in the atmosphere and make the earth warmer strengthen their capacity to adapt and respond to climate change impacts, increase awareness of climate change and add climate change measures into national policies and planning.
The International Islamic Trade Finance Corporation (ITFC) (ITFC-idb.org), a member of the Islamic Development Bank Group (IsDB) and the United Nations Industrial Development Organization (UNIDO) (www.UNIDO.org) today held a high-level bilateral meeting to highlight two project agreements in a virtual kick-off ceremony with Eng. Hani Salem Sonbol, CEO of ITFC and LI Yong, Director General […]
The concern of China playing a much active role in the UN and its specialized agencies which were previously undermined is now being challenged. According to a new study conducted by Gateway House, China’s voluntary donations have been increased, from $51 million in 2010 to $172 million in 2019, a 346 per cent rise in nine to many international agencies. The report also suggests that China is present either as the head or a deputy position in almost all the critical international agencies.
Chinas ascendancy in the UN seems almost unquestioned. A study by Gateway House has traced Chinas expanding influence in the world body, its related bodies