Technology Bank for the Least Developed Countries - Turkey

UN Technology Bank, the TUBITAK and the USIMP partner to facilitate access to technology for least developed countries

mbuldys — Wed, 07 Apr 2021 17:25:00 +0000

un_tech_banktubitak_mou.jpeg

Prof. Dr. Hasan Mandal, President of TUBITAK and Mr. Joshua Setipa, UN Technology Bank’s Managing Director during the signing ceremony.

UN Technology Bank

Ankara – UN Technology Bank today signed a Memorandum of Understanding (MoU) with the Scientific and Technological Research Council of Turkey (TUBITAK) to support the international efforts to facilitate access to technology and to improve the science, technology, and innovation (STI) capacity development for the least developed countries (LDCs). University and Industry Collaborations Centre Platform (USIMP) will also be a signatory to the MoU.

Science, technology and innovation are enablers of development, the UN Technology Bank as the focal point on STI for LDCs assists them in improving the utilization of scientific and technological solutions and promotes their integration into the global knowledge-based economy.

TUBITAK as the leading agency for management, funding, and research in Turkey; has been authorized by the Government of the Republic of Turkey to provide financial assistance if appropriate to the UN Technology Bank’s initiatives that help LDCs to technological transformation their economies to meet the goals and targets of the 2030 Sustainable Development Agenda.

The MoU provides a framework for the cooperation between the UN Technology Bank, TUBITAK and USIMP in supporting the development projects and activities to promote access to technologies, including the first initiative of developing and implementing applicable models for the establishment of technology transfer offices (TTO) in the selected LDCs.

The three organisations plan to cooperate on developing awareness and educational tools to promote global technology access and explore methods to utilize the experience and expertise related to the technology’s assessment, deployment, adaptation and implementation, and related capacity building activities.

“This new collaboration between the UN Technology Bank for LDCs, TUBITAK, and USIMP will promote technology transfer and accelerate technological development through different projects in LDCs. The success of the three organizations' projects and initiatives will contribute to the achievement of Sustainable Development Goals,” said Joshua Setipa, UN Technology Bank’s Managing Director.

“Through this new collaboration mechanism; the cooperation of TUBITAK and the UN Technology Bank will be strengthened, and Turkey’s contribution to the Sustainable Development Goals will be improved via new projects and cooperation mechanisms performed under this Memorandum of Understanding,” said Prof. Dr. Hasan Mandal, President of TUBITAK.

Download the press release

Front Page Article:

Is this a front page article?

World’s least developed countries to benefit from Turkish expertise and support through UN Technology Bank

mbuldys — Fri, 15 Feb 2019 18:21:00 +0000

dominic_chavezworld_bank_bangledash.jpg

Bringing solar irrigation to farmers and solar home systems to families in Bangladesh.

Dominic Chavez / World Bank

Gebze - Turkey will provide increased specialist expertise and support to the newly established Technology Bank for Least Developed Countries. As the first official visitor from the Turkish Government, Mr. Naci Ağbal, President of the Presidency of Strategy and Budget, reinforced Turkey’s commitment to the Technology Bank this week, highlighting Turkey’s role as champion for the world’s poorest nations.

“As part of our international development cooperation understanding, we give importance to addressing the needs of the Least Developed Countries and we are proud of hosting UN Technology Bank. We are dedicated to continue the support which started from the beginning of the establishment process,” said Mr. Ağbal.

Mr. Ağbal and his delegation were met in Gebze by Mr. Joshua Setipa, Managing Director of the Technology Bank and his team, to discuss ways forward for the bank and to exchange ideas on future partnerships and resource mobilization.

“It is fitting that Mr. Ağbal and his team are the first high-level visitors we have received at the Technology Bank since it was inaugurated last year. Turkey is a key strategic partner and their generous support is helping to ensure that the world’s least developed countries gain much needed access to science, technology and innovation,” said Mr. Setipa.

Turkey has reaffirmed its commitment to support the Technology Bank as it works with least developed countries to utilise critical technologies for sustainable development and achievement of the 2030 Agenda. The Bank will also facilitate professional exchanges between Turkish scientific institutions and their counterparts in the least developed countries.

As the first UN entity to be headquartered in Turkey, the premises of the Technology Bank for Least Developed Countries were inaugurated in Gebze in 2018. The Bank champions better access to science, technology and innovation for the world’s least developed nations. It identifies and safeguards knowledge, builds partnerships and acts as a gateway for research, technological solutions and training.

The establishment and full operationalization of the Technology Bank for Least Developed Countries in 2018, is the first UN Sustainable Development Goal target, (17.8), to be achieved, speaking directly to the 2030 Agenda for Sustainable Development’s principle of leaving no one behind.

The Bank is financed by voluntary contributions and Turkey has committed to support the Banks resource mobilization programme to secure additional resources from state and non-state actors in all UN members.

Download the press release (PDF)

Front Page Article:

Is this a front page article?