The Road to the SDGs

T H E R O A D T O T H E S D G s | P R O G R E S S A N D A C H I E V E M E N T S Introduction The good governance of a multilateral development bank requires a commitment to regularly look backwards at what has worked and what should be changed, in order to generate a workable vision for the future Three clear messages emerged from IsDB’s 40-Year Retrospective Assessment, conducted as part of the groundwork for our new Ten-Year Strategy that became the centre of the institution’s attention in the past four years u We want IsDB to be at the frontier of development — able to foresee needs and challenges ahead of the pack and to shape new frontiers for sustainable growth in areas where MCs can definitely achieve comparative advantage u We want IsDB to be proactive — able to act as a catalyst for advocating and promoting MCs’ common goals, mobilising resources for the neediest, and creating comprehensive development solutions that tackle not only the symptoms but also the root causes u We want IsDB to be fast and adaptive — able to deploy development financing quickly where needed while responding to emerging priorities as a single force, integrating the various arms and entities of the IsDB Group in a comprehensive manner To meet these expectations, IsDB Group embarked on a strategic corporate transformation programme in order to emerge as a more efficient, agile and catalytic organisation The Group has undertaken many important rationalisation initiatives, thinking expansively and differently about the relationships between operating costs, financial profitability, development impact and human well-being [ 147 ]