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Overview of Islamic Development Bank

Established in 1975 to foster socio-economic development in Member Countries Total Assets : US$ 14.2 billion Authorized Capital : US$ 47.0 billion Paid-up Capital : US$ 6.3 billion Rated : AAA Rating by Moodys, Fitch and S&P. Zero-Risk Rating by the EU

A Unique Model of South-South Cooperation

Global MDB: Membership 56 Countries spread over 4 continents

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The IDB Group

1975

2008

1994

1999

1981

Islamic Development Bank (IsDB)

Foster the economic development and social progress of MCs and Muslim communities.

International Islamic Trade Financing Corporation (ITFC)

Promote and enhance intra-trade and trade cooperation through trade finance and promotion programs

Islamic Corporation for Insurance of Investment & Export Credit (ICIEC)

Provide export credit insurance, political risk insurance, technical assistance.

Islamic Corporation for the Development of the Private Sector (ICD)

Promote development of private sector development.

Islamic Research & Training Institute (IRTI)

Undertake applied & basic research in Islamic Economics and Finance.

Islamic Banking Compliance

Islamic Development BanK

Overview of Islamic Development Bank

Net approvals of IDB Group US$78 billion by end-1432H/2011G

2008 I s l a m i c D e v e l o p m e n t B a n K 2009

2010

2011

IDB Active Energy Portfolio

Sectoral Distribution
Other 8% Generation Conventional 46%

Transmission & Distribution 30%

35o N

Equator

35 S

Generation Renewables 16%

10%

14%

41%

35%

Asia
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IDB Energy Policy in the making

IDB Vision 2020

Energy Sector Policy

National Energy Interventions

Country Programming (MCPS/Energy) Regional Energy Interventions

Infrastructure Strategic Plan 2009-12

Member Countries Needs & Priorities

Building on existing strengths but greater focus on:

# Energy Poverty # Sustainable Energy Development (RE & EE) # Knowledge Services Development BanK

Islamic

Renewables to address Energy Poverty

Energy For Basic Needs

Energy Infrastructure For Economic Growth

Access to the Grid

Off-Grid Electrification

Generation Infrastructure

T&D Infrastructure

Regional Cooperation

Mini Grids

Home-based Systems

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Recent Initiatives
Reverse Linkage on RE for the Poor

Interventions to strengthen cooperation

IsDB

Sharing knowledge, experiences and best practices

Turkey

Strategic cooperation leading to economic integration

6 SSA MCs

First Workshop in Feb 2012 in Jeddah RE Experts Exposure Visit to Turkey in Sept 2012
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Financing Partnerships
Multi-Country Regional Funds

Ex: Arab Financing Facility for Infrastructure (AFFI)

IsDB, WB, IFC MENA region Public and private windows for infrastructure funding Technical Assistance Facility (TAF) for PPP

Growing awareness on Sustainable Energy Development in the MENA Region - Commitments to RE and EE - Solar for desalination
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ICD Central Asia RE Fund in the making

Investing in a Portfolio of RE Assets

Investment in infrastructure development as well as corporate private equity

Investment in Small Hydro, Geothermal, Biomass, Wind Farms and Solar Plants Investment in companies whose core activity is to provide renewable energy related products and services
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IDB Energy Financing

Public Financing by IsDB (sovereign guarantee)
Up to US$ 225 million per project (up to US$ 450 million in multi-tranches) Very concessional to LDCs (loan): Tenor up to 25 years; administrative fee only during implementation Other concessional lending: Tenor up to 15 years Grants for TA

PPP financing by IsDB

US$ 120 million for PPP Tenor depends on the project characteristics and risks, etc.

Private sector financing by ICD

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The IDBs Approach to Sustainable Energy Financing

Islamic Development Bank Infrastructure Department Jeddah, S. Arabia

Website: http://www.isdb.org

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