Islamic Corporation for the Development of the Private Sector (ICD) Sparks Innovation in Sustainable Infrastructure Side Event at Annual Meetings

The Islamic Corporation for the Development of the Private Sector (ICD), an esteemed member of the Islamic Development Bank Group (IsDB), is pleased to announce the successful conclusion of its Annual Meeting Side Event 2024, centered on Sustainable Infrastructure. This pivotal event reaffirmed the ICD’s steadfast commitment to fostering economic development and advancing sustainable infrastructure initiatives across its member countries.

Held in Riyadh, the event served as a cornerstone in facilitating constructive dialogue and forging partnerships among industry leaders, experts, and policymakers, with a focus on exploring sustainable, low-carbon, and inclusive infrastructure solutions. Notably, the event showcased the innovative sustainable city model of NEOM, stimulating discussions vital for both urban development and environmental sustainability.

The pressing need to mitigate climate change and address environmental degradation has propelled sustainable infrastructure to the forefront of global agendas.

The Intergovernmental Panel on Climate Change (IPCC) reports highlight the urgency of transitioning to low-carbon, resilient infrastructure to curb greenhouse gas emissions and enhance climate resilience.

The event attracted a diverse array of over [specific number] participants from various sectors, including prominent CEOs, representatives from international banks, and delegates from ICD’s member countries.

The dynamic exchanges and robust exchange of ideas underscored the imperative of cross-sectoral collaboration in advancing shared sustainable development objectives.

The ICD extends its sincere appreciation to all esteemed speakers, participants, and partners for their invaluable contributions to the resounding success of the event.

The corporation remains steadfast in its mission to mobilize capital in international financial markets and to champion the pivotal role of the private sector in driving economic development, all within the framework of Shari’a law principles.

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