Status of initiative: N/a
Description/achievement of initiative

Young Development Bank (YDB) is an international platform with its headquarter in Hong Kong. YDB strives to enhance intellectual resource mobilization in global youth development and empower young changemakers through disruptive innovations and knowledge sharing. We work to assist the young leaders in low-income countries to become future leaders in the digital age and create sustainable and impact in their societies .We are a knowledge bank, a solution bank, but more importantly, we are bank for the youth. YDB works with youths in SIDS countries in social innovation and experience sharing

Implementation methodologies

Arrangements for Capacity-Building and Technology Transfer

There is a particular learning team responsible for capacity building of the organization and its partners. Capacity development focuses more on ICT and its application such as climate change mitigation technology in SIDS. Technology transfer is highly regarded as well.

Coordination mechanisms/governance structure

A. Advisory BoardSelection criteria•Prominent leaders from international development organizations, governments, private sector, academia, art, sports, film, etc•Committed to the strategic planning of the organizationResponsibilities•Provide strategic suggestions for the organizations in operational and financial sustainability•Mentoring young people (member of youth advisory board and program beneficiaries)Benefits◾Annual gathering (Yangon; HK; Addis Ababa)◾Access to flagship magazine for free◾Fulfillment of nurturing next generation leaders B. Youth Advisory BoardSelection criteria; •10 from Asia and Oceania, 10 from Africa, 5 from Americas, 5 from Europe •Committed to the strategic planning and learning process of the organization•Innovators/entrepreneurs/rising stars in international developmentResponsibilities•Provide strategic suggestions for the organizations in operational and financial sustainability•Participate in the online or offline workshops•Contribute to the learning process and spread the word about the work of YDB.Benefits•Annual gathering (Yangon; HK; Addis Ababa; )•Receiving mentorship from the advisory board•Access to flagship magazine for free C. Core team: Our core team include co-founders (Chief Executive Officer and Chief Operating Officer), Chief Technical Officer, Chief Financial Officer & Director of partnerships, Chief Legal Officer (Legal Affairs, Accounting) and directors of country programs.

Partner(s)

Young Development Bank; Young Development Times, 30 youth focal points in all the regions
Deliverables
03/2017
A few training programs in SIDS countries on youth and ICT
08/2016
A monthly magazine for experience sharing and capacity development
Resources devoted to implementation
Financing (in USD)
100,000 USD
Staff / Technical expertise
Expertise from youths in over 30 countries
Progress reports
Cut off date each year: 1 July
SMART
This initiative fulfils the SMART criteria.
PRIORITY AREASS
SDGs
Information
Location: Hong Kong
Date of completion: 09/2020
Operating in countries
Contact information/focal point(s)
Bolun Li, bolun.li@youngdevelopmentbank.com

Documents
#SIDSAction12493
Copyright 2016 United Nations Department of Economic and Social Affairs