Challenges of Development Financing
May 30, 2017
One of the main challenges in development in Indonesia today is finding a source of relatively cheap and sustainable development financing. This challenge is not easy given the large amount of financing required and the increasingly high level of competition between countries in obtaining low-cost investment funds.
Islamic financing could provide $2.5 trillion USD needed to end global poverty
May 26, 2017
Muslims around the world mark the beginning of the fasting month of Ramadan this week, and millions will be giving their zakat fitrah. Islamic charitable giving zakat is one of the world’s largest forms of wealth transfer to the poor. In a new report released today the United Nations Development Programme (UNDP) Indonesia and the state zakat agency Baznas are calling for an increase in the use of formal institutions to channel zakat contributions so funds can be more effectively distributed to alleviate poverty.
UNDP Collaborates with Baznas and Financial Institutions to Achieve the Sustainable Development Goals (SDGs)
Apr 20, 2017
United Nations Development Programme (UNDP) Indonesia signs agreements with the National Board of Zakat (Baznas), Bank Jambi, and Bank NTT today to support the achievements of the global goals. “These partnerships are extremely important and projects under the agreements will demonstrate the strength of the partnerships,” said Haoliang Xu, United Nations Assistant Secretary General and Regional Director of UNDP, at the signing ceremony. “I hope they will become models that can be replicated throughout Indonesia and other countries.”
Social finance will unlock support needed to achieve SDGs
Mar 24, 2017
New frontiers in financing SDGs provide new hope for eradicating poverty in Indonesia. United Nations Development Programme (UNDP) and Indonesia’s financial services authority OJK launched two bodies of research on the powerful potential of social finance.
Indonesia’s Human Development Index Rises but Inequality Remains
Mar 22, 2017
JAKARTA - Exclusion of women, ethnic minorities, and people living in remote areas create chronic barriers hindering human development progress. This has led to significant disparities leaving many behind in the world, including within Indonesia and the Asia and the Pacific region. In addition, marginalized groups often have limited opportunities to influence the institutions and policies that determine their lives.
UNDP Partnership with Canada Aims to Grow Social Enterprises
Mar 17, 2017
The Government of Canada and the United Nations Development Programme (UNDP) Indonesia agreed to strengthen the role of social finance in funding development actions in Indonesia. In partnership with women led social enterprises, this will contribute to achieve the sustainable development goals (SDGs)
UNDP To Support Zakat for Development in Indonesia
Mar 15, 2017
Ending poverty and inequality are some of today’s greatest challenges that the Sustainable Development Goals (SDGs) aim to overcome. Considering Islamic principles support a socially inclusive development, funding from Islamic giving, zakat, has the potential to play a crucial role in accomplishing the SDGs
Demand Grows for Ending Gender Inequalities
Mar 3, 2017
Profit and equality go hand-in-hand. Citizens, Government, United Nations and private sector leaders call on all organizations to create policies that advance gender equality. Glass ceilings and gender gaps were challenged at today’s Women, Organizations and Growth event hosted by United Nations Development Programme Indonesia (UNDP) today. The event, in the lead up to International Women’s Day, coincided with the launch of UNDP’s Gender Equality Strategy 2017-2020.
How Zakat Can Help Achieve Development Goals
Feb 3, 2017
Zakat in Arabic means “that which purifies.” Most Indonesians associate it with charitable giving in the Muslim holy month of Ramadhan. Personally, it reminds me of my childhood when my aunt and uncle went to the least privileged of my grandma’s neighbors with a stack of white envelopes to give away. Zakat is in fact a sort of religious tax, a Muslim’s obligation to give a portion of their wealth to charity. Islam also encourages other forms of religious giving that are not compulsory. Like in my family, most religious charitable practices are informal and sporadic. But the potential for impact is high.
Makassar’s Quest to Tackle Bad Traffic
Jan 31, 2017
Transport options are limited for sixteen-year-old Rina, a student Makassar. She relies on her parents to drive her to school every day. “Usually, it takes around 30 minutes to arrive, but if there’s a traffic jam, I get out of the car and run, because I don’t want to be late to class.