LDC Portal - International Support Measures for Least Developed Countries - Finance, debt, macroeconomics

UNCTAD's World of Debt: Least Developed Countries (2024)

MTAVARES1 — Tue, 30 Jul 2024 13:00:00 +0000

Document Type:

Link to an External Document

Author:

UNCTAD

Document Summary:

Least Developed Countries (2024) chapter in UNCTAD's "A world of debt" Report 2024 - A growing burden to global prosperity. For the LDC chapter, go to "Regional stories", then "Special Groups".

Tags:

UNCTAD

Debt

Publication Date:

Tuesday, 30 July 2024

UNCTAD

Document Topic/Theme:

Finance, debt, macroeconomics

Document Type:

UN and WTO reports and publications

Archived:

Symbol year:

2024

UNCDF Annual Report 2023 (launched July 2024)

MTAVARES1 — Tue, 30 Jul 2024 13:00:00 +0000

Document Type:

Link to an External Document

Author:

UNCDF

Document Summary:

Report on UNCDF activities, results and future strategy.

Tags:

UNDCF

Finance

Blended finance

De-risking

Investment

Publication Date:

Tuesday, 30 July 2024

UNCDF

Document Topic/Theme:

Finance, debt, macroeconomics

Document Type:

UN and WTO reports and publications

Archived:

Symbol year:

2024

UNCTAD Tradecast No 71. UN report: After years of lost growth, least developed countries need inclusive finance to meet development goals

MTAVARES1 — Tue, 07 Nov 2023 14:00:00 +0000

Document Type:

Link to an External Document

Author:

UNCTAD

Document Summary:

The world is facing soaring costs of food, energy and financing – along with extreme weather and geopolitical upheaval. Most vulnerable are the 46 nations classified as the least developed countries (LDCs). After some years of progress, the pandemic hit the LDCs hard, cutting economic growth sharply and pushing an extra 15 million people into extreme poverty. Listen in to UNCTAD’s Matfobhi Riba to find out why these nations need urgent help to address inequalities and how they can get back on track for the Sustainable Development Goals.

Tags:

UNCTAD

Finance

Climate finance

Publication Date:

Tuesday, 07 November 2023

UNCTAD

Document Topic/Theme:

Finance, debt, macroeconomics

LDC Progress reports/Flagship reports

Document Type:

Podcast or video

Archived:

Symbol year:

2023

Improving Access to Finance for the Least Developed Countries (UN-OHRLLS)

MTAVARES1 — Tue, 18 Jul 2023 17:00:00 +0000

Document Type:

Link to an External Document

Author:

Zach Bloomfield, Jenni Henderson, UN-OHRLLS

Document Summary:

This report lays out seven key recommendations for financiers and donors, as well as LDC governments, in facilitating more financing to the LDCs: 1. Expand the roll out of the Integrated National Financing Framework (INFFs) to all LDCs with expanded support from the INFF facility. 2. Deepen collaboration across generalist and sector-specific preparation/institutional reform preparation facilities, ideally through a national coordination unit. 3. Critically evaluate and enhance LDC-specific funding windows for eligibility and basic requirements, including disbursements and monitoring, to better match capacity. 4. Promote inter-LDC sharing of expertise and experience through a coordination mechanism with regular virtual meetings. 5. Expand the scope and volume of capacity building support to LDC institutions and ministries in the design, negotiation, implementation and monitoring of blended finance transactions. 6. Critically review procurement procedures to allow for funding of own staffing costs instead of third-party technical services when undertaking capacity building for LDCs. 7. Assess the current pipeline of LDC’s own high priority climate finance projects globally to identify common challenges and opportunities amongst the LDCs.

Tags:

UN-OHRLLS

Canada

Publication Date:

Tuesday, 18 July 2023

UN-OHRLLS (in partnership with Canada)

Document Topic/Theme:

Finance, debt, macroeconomics

Document Type:

Articles, policy briefs, working papers, op-eds, project reports, blogs

Archived:

Symbol year:

2023

National Adaptation Plans: LDCs need financing to turn words into reality, Lina Yassin for IIED

MTAVARES1 — Mon, 24 Apr 2023 13:00:00 +0000

Document Type:

Link to an External Document

Author:

Lina Yassin

Document Summary:

It is crucial for nations to have clear strategies for adapting to the impacts of climate change. Yet the least developed countries (LDCs) lack financing to put their plans into action. Lina Yassin reports back from last month’s ‘NAP Expo’ and sets out practical ways for the big climate funders to support LDCs in implementing their adaptation plans.

Tags:

Climate change

Climate finance

IIED

NAPs

Publication Date:

Monday, 24 April 2023

IIED

Document Topic/Theme:

Climate change and energy

Finance, debt, macroeconomics

Document Type:

Articles, policy briefs, working papers, op-eds, project reports, blogs

Archived:

Symbol year:

2023

Building the financial resilience of least developed countries - UNDP and UN-OHRLLS

MTAVARES1 — Thu, 02 Mar 2023 14:00:00 +0000

Document Type:

Link to an External Document

Document Summary:

The fact sheet outlines the proposition to upscale the Engagement Initiative of UNDP's Insurance and Risk Finance Facility (IRFF) jointly with the �鶹APP Office of the High Representative for the Least Developed Countries, Landlocked Developing Countries and Small-Island Developing States (UN-OHRLLS) to build financial resilience with insurance and risk finance in 20 least developed countries.

Tags:

Insurance

Risk

risk finance

Climate change

Resilience

UNDP

UN-OHRLLS

LDC5

Doha Programme of Action

Finance

Risk

Risk finance

Climate change

Insurance and Risk Finance Facility (IRFF)

Publication Date:

Thursday, 02 March 2023

Document Topic/Theme:

Finance, debt, macroeconomics

Document Type:

UN and WTO reports and publications

Archived:

Symbol year:

2023

Local Government Finance is Development Finance - UNCDF

MTAVARES1 — Sat, 30 Apr 2022 13:00:00 +0000

Document Type:

Link to an External Document

Author:

David Jackson (lead) and various

Document Summary:

The recently approved UNCDF Strategic Framework 2022–2025 continues this tradition by emphasizing UNCDF’s hybrid nature as a development finance institution on the one hand and a �鶹APP development agency on the other. During the discussions leading up to the 2022–2025 Strategic Framework’s approval, Member States and development partners encouraged UNCDF to strengthen its alignment with the priorities of the LDCs as expressed in the Doha Programme of Action (2022), which highlights building productive capacity. LDC concerns are also embodied in their collective requests to the Rio conventions on climate, biodiversity and desertification for financial mechanisms that address the existential risks of the environment and climate emergency. And throughout 2021, there was a wider appreciation of the urgency of greater capital flows towards sustainable infrastructure, including local infrastructure, particularly given the rapid growth rate of cities in developing countries. The �鶹APP Economic and Social Council, with Pakistan in the chair, promoted a focus on sustainable infrastructure finance; and the European Union, together with UN-Habitat, published a landmark report on Financing Sustainable Urban Development. This publication provides a substantive consideration of one of the questions raised in these debates: Given the scale of the capital flows required, is the architecture of the global financial ecosystem fit for purpose? Much more remains to be done to fully implement the comprehensive framework envisaged in the 2015 Addis Ababa Action Agenda to promote long-term-oriented and transformative investment into the Sustainable Development Goals that is inclusive and sustainable.

Tags:

Finance

Climate finance

UNCDF

Local governments

Decentralization

Bangladesh

LoCAL

Public-private partnerships

Tax

Fiscal policy

Publication Date:

Saturday, 30 April 2022

UNCDF

Document Topic/Theme:

Finance, debt, macroeconomics

Document Type:

UN and WTO reports and publications

Archived:

Symbol year:

2022

Financing for Development in the Least Developed Countries - Needs, challenges and the Doha Programme of Action - Global Policy Forum

MTAVARES1 — Thu, 07 Apr 2022 13:00:00 +0000

Document Type:

Link to an External Document

Author:

Bodo Ellmers

Document Summary:

The first part of the report looks at the development financing needs of LDCs. We summarize existing estimates of SDG financing needs for the LDCs. At the time of writing, the ongoing COVID-19 crisis has been a major setback for LDCs’ development progress, causing additional financing needs and impacting on different sources of finance for development. While it is too early to quantify the damage, we describe LDCs’ expectations towards international support in the area of development finance. We also look at LDCs’ position in the institutions of the international financial architecture that govern and regulate global finance. Last but not least, we share positions that different stakeholders expressed. The second and main part of the report looks more specifically into the different financial sources that can be mobilized or channelled to support development objectives in LDCs. Following an analysis of the state of play in the different areas, we analyse and assess the major agreements made in the Doha Programme of Action, both in light of LDCs’ financing needs and in light of the positions that different stakeholders took in the negotiations leading up to the Doha conference.

Tags:

Finance

Civil society

Global Policy Forum

Doha Programme of Action

LDC5

Publication Date:

Thursday, 07 April 2022

Global Policy Forum

Document Topic/Theme:

Finance, debt, macroeconomics

Document Type:

Articles, policy briefs, working papers, op-eds, project reports, blogs

Archived:

Symbol year:

2022

Four key challenges facing least developed countries - UNCTAD Video

MTAVARES1 — Mon, 04 Apr 2022 13:00:00 +0000

Document Type:

Link to an External Document

Author:

UNCTAD

Document Summary:

About 1.1 billion people live in least developed countries (LDCs), which face daunting development challenges. The LDC group grew from an initial 25 countries in 1971 to a peak of 52 in 1991 and stands at 46 today. Only six countries have managed to graduate from the category. “The vulnerabilities of LDCs have evolved since the UN created the category five decades ago, but they continue to face major obstacles that block their sustainable development,” said Paul Akiwumi, UNCTAD’s director for Africa and least developed countries. These include soaring debt, export marginalization, energy poverty and climate vulnerability.

Tags:

UNCTAD

Trade

Energy

Climate

Vulnerability

Adaptation

LDC5

Doha Programme of Action

Finance

Debt

Publication Date:

Monday, 04 April 2022

UNCTAD

Document Topic/Theme:

Finance, debt, macroeconomics

Document Type:

Podcast or video

Archived:

Symbol year:

2022

A new programme of action for Commonwealth LDCs - Progress, challenges and priorities (document) - The Commonwealth

MTAVARES1 — Wed, 23 Feb 2022 14:00:00 +0000

Document Type:

Link to an External Document

Author:

Commonwealth Secretariat

Document Summary:

The Istanbul Programme of Action (IPoA), which ran from 2011 to 2020, set out a vision and strategy for sustainable development in least developed countries (LDCs) by seeking to overcome some of their persistent development challenges. This report takes stock of the progress made and the challenges encountered by the Commonwealth’s 14 LDCs during implementation of the IPoA. At the dawn of a new programme of action in 2022, amid the COVID-19 pandemic and the resurgence of new variants of the virus, the report also looks ahead to opportunities to address the special needs of Commonwealth LDCs and improve their trade and development prospects over the next decade.

Tags:

Commonwealth

Trade

Istanbul Programme of Action

Productive capacity

Structural transformation

Finance

Graduation

COVID-19

Risk

Resilience

Publication Date: