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The world’s Least Developed Countries are in a race to deliver global development goals by 2030. This new decade needs to usher in a new global partnership to close the divide.

As the  Istanbul  Programme  of Action for the Least Developed Countries (IPoA) draws to a close in 2020, the Fifth United Nations Conference on the Least Developed Countries (LDC5) will take place in Doha, Qatar, from 23 to 27 January 2022, at the highest possible level, including Heads of State and Government.   See GA resolution 74/232B.

The expected outcome of LDC5, a new 10-year programme of action for the LDCs, will be adopted at a critical time, falling within the last 10 years of implementation of the 2030 Agenda for Sustainable Development and Sustainable Development Goals across the LDCs. 

At the LDC5 Conference, the international community is expected to: 

1.Undertake a comprehensive appraisal of the implementation of the IPoA;

2. Mobilize additional international support measures and action in favour of LDCs; and

3. Agree on a renewed partnership between LDCs and their development partners to overcome structural challenges, eradicate poverty, achieve internationally agreed development goals and enable graduation from the LDC category.

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The new programme of action for the LDCs needs to be based on a solid foundation of national ownership and leadership driven by a reinvigorated global partnership for their increased resilience and sustainable development.

The 2021 SG Report on IPoA implementation highlights the unique opportunity of LDC5 to craft an ambitious outcome document for recovery from the pandemic and chart the course towards sustainable development for the next decade.

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UNCDF by the Numbers

+2M

people benefitted from
inclusive financial and digital solutions in 43 countries

+180

financial products and services were piloted with support
from UNCDF

674

localized strategic
investments in local
development finance

536

local governments
supported in 42 countries

21

loans and guarantees
in seven countries

+$83M

in direct financing unlocked by $30M in strategic grants

+$48M

channelled through decentralized
financing mechanisms developed
with UNCDF support

+2M

people, of whom 60% were women, benefitting from COVID-19 localized emergency grants

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UNCDF works to invest and catalyze capital to achieve the sustainable growth and inclusiveness of the LDC economies as envisioned by the 2030 Agenda for Sustainable Development and the Doha Programme of Action for the LDCs 2022–2031.

Preeti Sinha
Executive Secretary
UN Capital Development Fund

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