ISLAMIC DEVELOPMENT BANK
CHAIR: mICHAEL BEELI
The Islamic Development Bank is a Multilateral Development Bank that operates to finance development in Muslim communities in 57 countries worldwide, including Saudi Arabia, Malaysia, Nigeria, Sudan, Kazakhstan, and Guyana. The vast majority of countries serviced by the bank are in Central Asia, the Middle Eastern Region, North and Western Africa, and the South Pacific. The bank works to bring social and economic development at scale in its member countries and muslim communities worldwide. The bank provides development financing through low-rate loans for infrastructure and human capital development projects that are designed to promote sustainable growth, such as financing water infrastructure in Senegal and expanding Chad’s shipping infrastructure. The tangible work of the bank is to provide grants and loans for such projects, but it’s work and agenda are highly shaped by its annual meetings, where over 2000 experts and decision makers worldwide convene in a predetermined location to discuss emerging topics in development that face the bank’s 57 member countries.
At the bank’s Annual 2020 meeting, the bank’s conference will feature policymakers, academics, business leaders, public figures, journalists, and other related experts to discuss and formulate strategies for addressing the topics of Diversification of Hydrocarbon-based Economies and the Development of Electric and Commercial Infrastructure in Rural West Africa. Delegates will propose and discuss research, investment, advisory, and development strategies regarding the aforementioned topics, and vote on comprehensive resolutions to recommend to the bank’s Board of Directors at the close of the meeting.
Electric and Commercial Infrastructure in Rural West Africa
Diversification of Hydrocarbon-based Economies
TOPIC ABSTRACT COMING SOON
APPROXIMATE COMMITTEE SIZE: 130
NAIMUN strives to provide every delegate with a well-rounded, educational, and enjoyable experience. The learning objectives for the Islamic Development Bank are as follows. Delegates will gain:
An intimate understanding of the influence and potential for influence of non-state actors, a realized simulation of the international relations theory of constructivism. Delegates will see how international discourse operates without the commanding influence of nation-states;
Knowledge of the emergence and potential use of commercial unmanned aerial systems, otherwise known as drones, as well as the delicate balance between clean energy and cheap energy in the context of global climate change;
Details on the background of the non-state actors that they represent and through proper research and preparation, the various interest groups that influence those actors.
About the Chair
Michael is a student of the Class of 2021 in the College studying Political Economy and a minor in Mathematics. He is focusing his studies on economic theory and international development, a field he’s very excited to explore in the Islamic Development Bank at NAIMUN. Apart from NAIMUN, Michael is a member of the Center for Social Justice’s Advisory Board of Student Organizations and a member of the Co-ed Service Fraternity Alpha Phi Omega. He also works with the nonprofit IMUNA to teach Model United Nations along with university students across the world at NHSMUN. His personal interests include riding electric scooters around national monuments, reading Russian Literature, spending quality time with friends and drinking excessive amounts of coffee. He cannot wait to see everyone and in simulate a great committee in February!