Reaching the SDGs: Progress of the IsDB Member Countries
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Author : Islamic Development Bank Institute (IsDBI)

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The outbreak of the COVID-19 pandemic, at the dawn of the decade of action, has practically changed life as we knew it, and left devastating impacts on efforts to achieve the United Nations Sustainable Development Goals (SDGs) by 2030.

Despite a massive scale global set-back, brought by the raging pandemic, the Islamic Development Bank (IsDB), like other multilateral development banks (MDBs), has been vehemently focusing on mitigating and reversing the negative impacts of the pandemic and spearheading the realization of the SDGs in strong adherence to the motto: “Leave No One Behind.” While major strides have been taken in order to contribute to the achievements of the Goals, the IsDB Member Countries (MCs) still have a long way to go if they are to reach the SDG targets by 2030.

The publication, “Reaching the SDGs: Progress of IsDB Member Countries”, presents the information gauging the MCs progress towards the SDG objectives.  Currently, their overall SDGs Index score stands at 61.0, suggesting that the IsDB is just over 60 percent to achieving the 17 SDGs. However, one needs to bear in mind that there is a wide variation among IsDB MCs in achieving the SDG targets and that the SDG priorities differ from country to country.

Therefore, the information in this report reflects the need for IsDB to adopt a more country-focused approach when assisting its MCs deal with their development initiatives towards attaining the SDGs and increase its cooperation with them in identifying and tackling SDGs of specific concern.

According to this most recent report, “Prosperity” is considered the most challenging SDG dimension for IsDB MCs, particularly on SDG 9 (Industry, Innovation and Infrastructure). Indeed, the sectors that constitute SDG 9 are the core and essential sectors for the development of each MC. Therefore, the IsDB may direct its limited resources to improving sectors related to Industry, Innovation and Infrastructure. As there are existing interlinkages among the SDGs, by improving SDG 9, the IsDB will directly contribute towards the enhancement of other Goals which its MC are still struggling to address.

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