JAKARTA, 7 October 2020 – The Islamic Development Bank (IsDB), the Islamic Solidarity Fund for Development (ISFD) together with the United Nations Development Programme (UNDP), the Ministry of Finance, and Kitabisa hosted today a National Introductory Seminar for CSOs on the Mapping Exercise.
The seminar introduced the IsDB - ISFD NGO Empowerment for Poverty Reduction Program to CSOs in Indonesia. It explained its on-going mapping exercise and informed them about crowdfunding as a mode of fundraising within the regulatory framework in Indonesia.
The IsDB - ISFD NGO Empowerment for Poverty Reduction Program is an initiative that aims to lift people out of poverty with the help of CSOs within a development network. It is understood that CSOs on the ground and have a better understanding of the challenges facing the most marginalized and hard-to-reach communities. Support for CSOs is needed to create a more extensive, sustainable, and contextual development in Indonesia.
Recognizing the significant role of civil society in delivering the SDGs, IsDB is making CSO engagement an organizational priority and seeks a new, non-conventional partnership model that involves CSOs to a greater extent. CSOs, as key development partners, significantly contribute to creating pro-poor growth and catalyzing the poor in productive economic and social activities. Crowdfunding is one method to foster and accelerate CSO participation.
Indonesia is among the seven pilot countries of the CSO mapping exercise, out of 57 Organization for Islamic Cooperation (OIC) member countries. In a nutshell, the program will conduct among others mapping, capacity building through Crowdfunding Academy, and Tadamon Community, a platform for development practitioners. The partnership will be a key milestone in achieving the SDGs and will strengthen the program, thus helping more communities.
Transforming Crowdfunding through Innovative Finance and Technology – A dedicated talk show discussed the opportunities and challenges transforming crowdfunding through innovative financing and the use of technology.
“Partnerships have always been a key element to UNDP’s work in development. Tapping into the knowledge that CSOs bring to the table and using UNDP’s vast expertise, together we can create.
innovative solutions to addressing some of our most pressing issues and ensuring that we overcome the challenges by leaving no one behind as we work towards helping Indonesia achieve the 2030 SDGs Agenda,” said Sophie Kemkhadze, Deputy Resident Representative of UNDP Indonesia.
Through the Crowdfunding Academy, the 25 selected CSOs will be provided a set of courses needed for their crowdfunding program. This capacity building will support the socio-economic programs of CSOs to help reduce poverty in Indonesia.
“Crowdfunding academy is a course that is light in theory and perfect for NGOs/CSOs who are looking to learn fundraising via digital media. In this program, participants will learn how to use social media to increase trust, and write content that engages donors and media to generate contributions and use data to make decisions,” explained Fahri Amirullah, CEO of Impacts Digital, Kitabisa’s sister company specialized in crowdfunding marketing.
CSOs will also be able to join Tadamon, a platform/community comprised of institutions working in development. Tadamon will help CSOs gain visibility and provide access to networks and opportunities for funding.
This program is forged under the workstream of Islamic Finance in UNDP Indonesia’s Innovative Financing Lab. The Lab works to innovate financing instruments in order to close development financing gaps and accelerate the achievement of the SDGs in Indonesia.
Ranjit Jose, UNDP Communications Advocacy Specialist (firstname.lastname@example.org) Greget Kalla Buana, Islamic Finance Specialist (email@example.com)