Advertisement
Categories: NewsPakistan

OICCI and UNDP Forge Alliance for Sustainable and Inclusive Pakistan

Advertisement

In a groundbreaking move, the Overseas Investors Chamber of Commerce & Industry (OICCI) has partnered with the United Nations Development Programme (UNDP) Pakistan to advance the vision of a more sustainable and inclusive Pakistan.

This alliance is set to spearhead a series of initiatives focusing on gender equality, diversity, inclusion, and social impact investments, reflecting both organizations’ commitment to the United Nations Sustainable Development Goals (SDGs).

During the MoU signing ceremony, OICCI CE/Secretary General, M. Abdul Aleem, expressed optimism about the partnership with UNDP, stating, “Together with UNDP, we are committed to leveraging our collective expertise to create impactful research reports, advocacy campaigns, and knowledge-sharing events.”

In his remarks, UNDP Pakistan Resident Representative Dr Samuel Rizk said, “The bankability of Pakistan is increasing, and this collaboration is a testament that businesses can be both profitable and socially responsible.”

Over the past two years, OICCI has been at the forefront of climate advocacy in Pakistan, organizing Pakistan Climate Conference in 2022 and 2023. Insights from these conferences and COP28 have been encapsulated in two comprehensive climate reports. These reports serve as vital resources for policymakers and businesses alike, charting a path towards a greener future.

Additionally, the Chamber has consistently championed women’s empowerment through its annual Women Empowerment Awards, promoting a business environment that nurtures female entrepreneurs and leaders. The organization’s White Paper, “Increasing Women’s Inclusion in the Pakistan Economy,” provides actionable recommendations for enhancing gender equality and fostering inclusive economic growth, aligning with UN SDGs 5 and 8. These efforts reflect a broader commitment to creating positive social and environmental impacts.

Commenting on the partnership, OICCI Managing Committee Member Andrew Bailey said, “OICCI’s goal is to foster an environment where businesses, government, and the public can thrive and contribute to a more equitable and sustainable future for Pakistan. This partnership marks a significant step towards achieving our shared objectives and making a meaningful difference in the lives of the people we serve.”

The collaboration will focus on capacity building, policy research and advocacy, and public communication and campaigning around the themes of green finance, climate resilience, energy, diversity & inclusion, and digital transformation. The overarching goal is to assist the government, development partners, and the private sector in mobilizing financing for development, particularly for SDGs, ESG, and climate investments.

Advertisement
News Desk

Recent Posts

Pak-Qatar General Takaful IPO Oversubscribed 21x Times

Pak-Qatar General Takaful Limited’s (PQGTL) IPO book-building has concluded with an historic oversubscription of 21x…

3 hours ago

Mobilink Bank Achieves ISO/IEC 27001 Certification for Stronger Data Security

Mobilink Bank achieves ISO/IEC 27001:2022 certification for its robust Information Security System. Pakistan’s leading digital…

6 hours ago

Google Gemini Shifts Focus to Personalized AI Assistance

Gemini learns your world, not just the web. Google is moving its artificial intelligence strategy…

1 day ago

Competition Appellate Tribunal Upholds Rs 200 Mn Fine in Banking Cartel Case

Pakistan’s Competition Appellate Tribunal has rejected appeals filed by major commercial banks and the Pakistan…

1 day ago

Pak-Qatar General Takaful IPO’s Book Building Starts Today!

Pak-Qatar General Takaful Limited’s IPO’s book building process will start today and continue until January…

2 days ago

Gul Plaza Fire Sparks Heated Debate in NA Over Governance and Emergency Failures

The deadly fire at Karachi’s Gul Plaza dominated proceedings in the National Assembly on Tuesday,…

2 days ago