UNITED NATIONS DEVELOPMENT PROGRAMME

Istanbul International Centre for Private Sector in Development

What we do

UNDP's Istanbul International Centre for Private Sector in Development (ICPSD) is a UNDP Global Policy Centre within the Sustainable Finance Hub. It supports governments, UNDP Country Offices and partners to unlock the private sector as a transformative force for sustainable development through research, technical assistance and multi-stakeholder partnerships across four pillars: AI, digital transformation and skills development, SDG finance and private sector development, Islamic SDG finance, and crisis and resilience.

In an average developing country

In an average developing country

60% of GDP

is generated by the private sector

90% of jobs

are generated by private sector

80% of capital flow

is facilitated by the private sector

US$12 Trillion

market opportunities in SDG aligned investments

US$4.2 Trillion

annual SDG investment needs for developing countries

US $2.5 Trillion

gap for achievement of SDGs in developing countries alone