Investment

At the Third International Conference on Financing for Development in the Addis Ababa Action Agenda (AAAA), world leaders pledged to: “to adopt and implement investment promotion regimes for LDCs [and] offer financial and technical support for (…) access to information on investment facilities and risk insurance and guarantees such as through MIGA, as requested by the LDCs.” This study examines existing political investment insurance programs and related risk management facilities for foreign investment, in particular those of the Multilateral Investment Guarantee Agency (MIGA), as they app

The purpose of this occasional policy papers series, published by the United Nations Office of the High Representative for the Least Developed Countries, Landlocked Developing Countries and Small Island Developing States (UN-OHRLLS), is to analyse policy issues relating to the development of the least developed countries (LDCs), stimulate discussions and promote international cooperation. In keeping with this objective, the authors are encouraged to express their own views, which do not necessarily reflect the views of the United Nations or its member States.

This report makes a clear case that there is an urgency in accelerating access to clean, affordable and reliable energy in all of the LDCs, and that this will only happen if governments, investors, donors and the private sector work together to unlock investment.

One year after the Comprehensive High-level Midterm Review of the Istanbul Programme of Action (IPoA), progress towards its implementation has continued but there is the need to further accelerate actions in order to meet the agreed targets. Thus, while Chapter 1 focuses on the progress and challenges in implementing the IPoA, Chapter 2 explores financing options for LDCs in order to accelerate progress.