Organization of Islamic Cooperation (OIC)
Climate Impact & Sustainability Data (2000-2021)
Reporting Period: 2000-2021
Environmental Metrics
Renewable Energy Share:1.3% in 2015 (average for 41 OIC countries)
ESG Focus Areas
- Sustainable Development Goals (SDGs)
- Green Economy
- Climate Change
Environmental Achievements
- Increased share of renewable energy in electricity generation in some OIC countries (e.g., Morocco, Türkiye, Togo)
- Initiatives to promote green investment in renewable energy, energy efficiency, and sustainable transportation
Social Achievements
- Focus on improving working conditions in the textile and apparel industry
- Initiatives to address food insecurity and malnutrition in vulnerable countries
Governance Achievements
- Implementation of reforms to improve the investment ecosystem and ease of doing business in many OIC countries
- Establishment of sovereign wealth funds (SWFs) in several OIC countries to manage national savings
Climate Goals & Targets
Environmental Challenges
- Significant investment gaps in many OIC countries
- High country risks in many OIC countries
- Volatility of oil prices
- Innovation gap in the petrochemical sector
- Increasing global regulations on petrochemical by-products
- Inadequate infrastructure in many OIC countries
- Low human capital in many OIC countries
- Insufficient investment capital
- Unsustainable production techniques in agriculture
- Rural exodus and labor shortages in agriculture
- Food insecurity
- Limited intra-OIC cooperation in FDI
Mitigation Strategies
- Policy measures to improve the investment ecosystem
- Incentive schemes for FDI
- Public-private partnerships (PPPs)
- Investment in infrastructure
- Investment in human capital development
- Promoting green investment
- Improving public investment management
- Strengthening social protection programs
- Promoting sustainable production techniques in agriculture
- Initiatives to attract investment in priority sectors
- Mobilizing investment funds
Supply Chain Management
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events
- Flooding
- Water scarcity
- Drought
- Land erosion
Opportunities
- Green investment
- Renewable energy
UN Sustainable Development Goals
- SDG 1 (No Poverty)
- SDG 2 (Zero Hunger)
- SDG 7 (Affordable and Clean Energy)
- SDG 8 (Decent Work and Economic Growth)
- SDG 9 (Industry, Innovation and Infrastructure)
- SDG 13 (Climate Action)
The report highlights how investments contribute to achieving these goals.