Report of the Committee for Development Policy's 2022 Plenary meeting now available
The Report of the Committee for Development Policy (E/2022/33, Supplement No.
The Report of the Committee for Development Policy (E/2022/33, Supplement No.
Workshop on Preparing for a Sustainable LDC Graduation of Cambodia will be organized virtually by the Royal Government of Cambodia in collaboration with the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) and United Nations Resident Coordinator’s Office in Cambodia (UNRCO) on 17 January 2022. The workshop aims to address the emerging needs of the government’s ministries and institutions to acquire information and knowledge of the process leading to graduation and the implications.
Graduation from “Less Developed Country” status marks huge economic and social progress, but risks can arise after the loss of international support measures. To deliver the SDGs and halve greenhouse gas emissions, climate and trade policy need to align in a way that works for the poorest.
The LDC Group and the Alliance of Small Island States formed an influential and ambitious bloc in the UN climate negotiations. However, LDC trade and climate policy communities need to engage in a structured way to support transitional measures.
24 November 2021.
Programme, summary and presentations available here.
5 November 2021. The European Commission published its proposal for a new Generalised System of Preferences (GSP) from 2024. The regulation needs to be endorsed by the Parliament and the council through the ordinary legislative procedure. More information here. Some of the proposed changes may be relevant for LDCs, particularly graduating LDCs, such as proposed changes in the criteria for eligibility of GSP+.
22 October 2021. "Trade ministers from close to 30 least-developed countries (LDCs) adopted a declaration outlining LDCs’ trade priorities in the run-up to the 12th Ministerial Conference (MC12) and beyond at a virtual meeting on 19 October where they also discussed the state of play in the WTO negotiations.
Vientiane, 11 October 2021: Ministry of Foreign Affairs (MoFA) in partnership with the United Nations Resident Coordinator’s Office (UNRCO), jointly organized the virtual 13th High-Level Roundtable Meeting Side Event: Least Developed Country Graduation: Toward a Smooth Transition Strategy (STS). The meeting was co-chaired by H.E Mr. Phoxay Khaykhamphithoune, Deputy Minister of Foreign Affairs, and Ms. Sara SEKKENES, United Nations Resident Coordinator to the Lao PDR.
18 October 2021. Ahead of the Twelfth WTO Ministerial Conference, Chad, on behalf of the LDC Group, submitted a communication to the WTO General Council on “A Smooth Transition Package in Favour of Members Graduating from the LDC Category“.
Among solutions being discussed in the preparations for LDC5 is “the establishment of a dedicated and sufficiently large blended finance de-risking facility for LDCs that is focused on providing catalytic capital to growth SMEs, small investment projects and other strategic investments with transformative SDG potential, in order to unlock further commercial and semi-commercial investments.