Who we are

The UNDP Istanbul International Centre for Private Sector in Development (ICPSD) is a UNDP Global Policy Centre established in 2011 in partnership with the Government of Türkiye.

ICPSD supports governments, UNDP Country Offices and partners to unlock the potential of the private sector as a transformative force for sustainable development. Positioned within UNDP’s Sustainable Finance Hub, the Centre translates global strategies into country-level solutions across finance, markets, skills and crisis response.

Within UNDP’s private sector practice architecture, ICPSD co-leads the UNDP Private Sector Team together with the Sustainable Finance Hub’s Private Finance Team, and co-leads three of the eight corporate practices: investment pipelines and value chain development, MSME productivity, skills and decent work, and crisis resilience.

Guided by its Strategy 2026–2028, ICPSD delivers research, technical assistance and capacity building, and multi-stakeholder partnerships across four interlinked thematic pillars:

• AI, digital transformation and skills development

• SDG finance and private sector development

• Islamic SDG finance

• Crisis and resilience

Furthermore, the Centre hosts four global initiatives: 

• Global Islamic Finance and Impact Investing Platform
• Connecting Business Initiative
• SDG AI Lab
• Skills for an Inclusive Future