LDC-IV Conference to assess results and adopt new strategies

The UN Conference on the Least Developed Countries (LDC) will hold its fourth session in Istanbul, Turkey on 9-13 May

The purpose of the conference is to assess the results of the 10-year action plan for the Least Developed Countries (LDCs), which was approved in 2001 and to adopt new measures and strategies for the sustainable development of the LDCs into the next decade. The outcome of the regional and national level preparations will be included in global preparations and generate consensus ahead of the conference.

Thematic reviews at the global level will allow UN agencies and other international organizations to contribute with expert knowledge. While providing for interaction at all levels, the conference will have the following main components: Inter-governmental track involving LDC governments and their development partners; Parliamentary track concerning members of the legislature from LDCs and their development partners; Civil society track with activities by civil society organizations; Private sector track relating to private sector activities organized in cooperation with the UN.

LDC-IV high-level side events


“Macroeconomic Policies for LDCs: From Economic Recovery to Sustainable Development”

This high-level event will take place at the Tophane Hall, Istanbul Congress Centre on 10 May, 6-8 pm

Organized by the UN Department of Economic and Social Affairs, the panel discussion will deliberate the role of macroeconomic policies in promoting and fostering economic growth and sustainable development. The high-level panel will identify a set of macroeconomic policies that are particularly relevant for the Least Developed Countries (LDCs) and present alternative perspectives on how sound macroeconomic policies can promote inclusive growth and sustainable development.

The event will also help inform LDC leaders about the efforts of the UN system to assist LDCs in the design and implementation of alternative and development-oriented macroeconomic policies.

“Optimizing Support Measures for LDCs: Access, Utilization and Effectiveness – Launch of the LDC Information Portal & the publication of ‘Out of the Trap'”

The event will be held on 11 May at 1-3 pm at Topkapi B, the Lutfi Kirdar Convention and Exhibition Centre

The event will feature the launch of the Least Developed Countries Information Portal – www.un.org/ldcportal – which was created to enhance LDCs’ access to information and utilization of the existing international support measures provided by development and trading partners.

The publication “Out of the Trap” will also be presented. It contains analysis of the development impact of existing international support measures and lessons for the future to assess the impact of membership in the LDC category on the development of LDCs. The Conference hopes to offer multi-stakeholders the opportunity to get a comprehensive overview of available international support measures.

The event is organized by the UN Department of Economic and Social Affairs/Committee for Development Policy (CDP) Secretariat and Fondation pour les Etudes et Recherches sur le Développement International (FERDI). It will also feature a panel discussion on the main findings of the two initiatives related to optimizing international support measures for LDCs chaired by Mr. Jomo Kwame Sundaram, DESA’s Assistant Secretary-General for Economic Development and moderated by Mr. Richard Jolly, Member of the Eminent Persons Group for LDC IV and Honorary Professor of the Institute of Development Studies at the University of Sussex.

“Illicit Financial Flows: Perspectives on issues and options for LDCs”

This special event will be arranged on 11 May at 6:15 pm – 8:00 pm in Istanbul, Turkey

The event, which will be hosted by the Deputy Prime Minister of Turkey, aims to sensitize participants to the issue of illicit capital flows as a development issue and the potential scale of the problem and its impact on LDC development. It will also highlight component aspects of the problem, including flows relating to tax avoidance and evasion and issues in the repatriation of assets, practical ways of addressing illicit flows and selecting and implementing appropriate responses.

A UNDP commissioned analytical study which attempts to quantify the magnitude and nature of illicit financial flows from LDC economies using one methodological approach will be presented along with some best practices to ensure that tax revenues are collected and wisely budgeted for development purposes from the “South-South Sharing of Successful Tax Practices (S4TP)” project. The UN’s Economic Commission for Africa will also present recent efforts to promote more coordinated international, regional and national efforts to address the negative effects of illicit financial outflows on the African continent.

The event is co-organized by UNDP and the Republic of Benin with support from UNDP-Special Unit for South-South Cooperation, UNDESA and UN ECA. It will be chaired by Assistant Secretary-General for Economic Development Mr. Jomo Kwame Sundaram of UNDESA and feature opening remarks by Mr. Shahid Najam, RC/RR UN/UNDP Turkey; Mr. Cheick Sidi Diarra, Under-Secretary-General and High Representative for HHRLLS; Ms. Helen Clark, UNDP Administrator and Chair of the UN Development Group (UNDG) and the Deputy Prime Minister of the Republic of Turkey.

“Mutual Accountability for LDC: A framework for aid quality and beyond”

The special event will take place in Camlica Hall at the LDC-IV conference venue on 12 May at 6:15 pm – 8 pm

The Office for ECOSOC Support and Coordination (OESC) is organizing this special event with the Organization for Economic Cooperation and Development – Development Assistant Committee (OECD-DAC) and the UN Development Programme (UNDP).

LDC-IV provides a unique opportunity to review how the development concerns of LDCs and MDG challenges can be better met by increasing aid, improving its quality and strengthening mutual accountability frameworks between donors and programme countries for development results. This event aims to reflect on how mutual liability between LDCs and their donors can contribute to the realization of international commitments, including those contained in the draft Istanbul Programme of Action.

The event will address aid quality and effectiveness from the perspective of LDCs and explore whether the frameworks aimed at ensuring mutual accountability between LDCs and their donors on aid commitments fully reflect the concerns and needs of LDCs. It will also build on findings of the High-level Symposium in Mali the week before on “Gearing development cooperation towards the MDGs: effectiveness and results”. The outcome will highlight issues of critical concern and ways to review and promote progress. It will also inform the next UN Development Cooperation Forum (DCF) in June/July 2012 and contribute to preparations for the fourth High-level Forum on Aid Effectiveness in Busan in November 2011.

For more information: http://www.un.org/en/ecosoc/

For more information on the LDC IV Conference: http://www.un.org/wcm/content/site/ldc/home

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