LDC5: World leaders back ‘blueprint for recovery, renewal, resilience’ in least developed countries
The Fifth UN Conference on the Least Developed Countries (LDC5) concluded on 9 march with countries adopting concrete measures to implement the Doha Programme of Action (DPoA) – which aims to renew and strengthen commitments between LDCs and their development partners – marking a transformative turning point for the world’s most vulnerable countries.
Ushering in new era of solidarity, and enormous socio-economic benefits for world’s 46 least developed countries, today’s action comes nearly one year after the DPoA was adopted at the first part of the Conference on 17 March 2022 in New York.
The Declaration outlines measures to promote transformation and unlock the potential of LDCs, including the development of a system of reserves or alternative means, ranging from cash transfers to comprehensive multi-hazard crisis mitigation and resilience-building measures for the least developed countries.