The Road to the SDGs
As a central hub capable of orchestrating such comprehensive MC programmes, IsDB is reinventing itself into an agile organisation that can take its MCs to new frontiers for sustainable growth along six tracks: u I mproving IsDB visibility u C rowding-in resources from the market u B uilding new organisational capabilities u D ecentralising functionally and geographically u Ensuring sustainable financial growth u M anaging for development results Building an agile organisation OUR THEORY OF CHANGE If, as a starting point, MCs can mobilise only 1% of global markets' resources to expand domestic industrialisation in competitive industries, they can close their SDGs' financing gap, estimated at US$ 1 trillion, and create 10 million jobs annually Attracting global markets requires MCs to embrace comprehensive programmes characterised by transformations along six result areas: u I mproving access to market information to promote transparency and thus investment u M aximising intra-OIC value- added as one global trade block u D oing business the Industry 4.0 way to meet rising global productivity expectations u B uilding an enabling infrastructure for green value chains to save the planet and sustain resources u Repositioning finance for development by aligning risk with real economic growth u B uilding resilient market systems that leave no one behind Creating impact the smart way Applying the 80/20 principle, by focusing on the specific industries where MCs have a comparative advantage, shows that these countries have the potential to trigger a process of reglobalisation that unlocks the 1/5/10 opportunity: u US$ 1 trillion can be mobilised by MCs from global market resources in areas of comparative advantage u 5 industries of comparative advantage represent a solid starting point for expanded domestic industrialisation u 1 0 million jobs can be created annually as a result of the expanded domestic industrialisation Shaping new frontiers for development [ 2 ]
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