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UN ‘designed’ to protect least developed countries amid global recession

The Doha Round of Action, as it is commonly known, is designed as a roadmap until 2031, to build stronger agreements between the least developed countries and their development partners.

“The world is flowing under them cascading effects of complex, interlocking challenges and structural limitations and constrained financial capabilities The least developed countries are first and often the most affected“Csaba Kőrösi said at the opening of the General Assembly and the Economic and Social Council (ECOSOC) the highest event on the plan that is an accelerator of the implementation of the 2030 Agenda for Sustainable Development.

Global economic growth forecasts are slowing against the backdrop of skyrocketing inflation, fragmented global supply chains and the triple threat of food, oil, and financial crises, he said.

Least developed countries (LDCs) are suffering The long-term effects of these integration conflicts are often the least responsible for the global trends that spill out over them.with climate change.

The Doha Round ‘opens a new window’

The world’s 46 LDCs – a category reviewed every three years by the Council for Development – are low-income countries facing severe structural obstacles to sustainable development. They are highly vulnerable to economic and environmental shocks and have low levels of human assets.

Along with The “domino effect” of their limitations threatens to reverse decades of developmental gains in the face of the current conflicts, he said that the Doha Agenda for Action, “open a new window“.

Successful deliverables

The action plan that will run from 2022 to 2031 “represents a new generation of renewed and stronger commitments” between their development partners, including the private sector, civil society, and governments at all levels, he said.

Some of the innovative features of the action plan include an establishment online universitybuilding platforms to support the online university level technology, technology, and technologyand creating a investment support center.

The goal provides a pathway to overcome the effects of ongoing international conflicts, build a sustainable and inclusive recovery from the pandemic, and to build resilience against future shocksMr. Kőrösi said.

“In other words, to help us all get back on track with the 2030 Agenda,” he said. “This is the time to show solidarity with the most vulnerable countries by making agreements instead of backtracking on them.”

46 countries need to do their part expand their social safety net and improving the environment through good governance and improving performance, and development partners also need to fulfill their bondhe said.

UN Conference in Doha

Echoing this sentiment, the theme “from power to prosperity” was accepted for the second part of the fifth UN Conference on Least Developed Countries, to be held in Doha from 5 to 9 March.

World leaders, civil society and private partners and young people will gather to develop plans to implement the Plan of Action, which the Member States have agreed on in the first part, held on March 17 in the year last at the UN Headquarters. A declaration on their efforts and the challenges ahead is expected to be agreed at the Doha conference.

‘We have the tools’

The conference will be “an important event to renew international commitment to support the poorest and most vulnerable members of our human family”, said the President of the General Assembly. “Through science, technology, and innovation, we have the tools to build sustainable recoveries.”

Encouraging joint efforts to ensure that the action plan is implemented on time, he said such initiatives “will give us all a chance to reach our 2030 goals.”

To mark the start of the Doha conference, the UN Postal Commission plans to issue, on March 5, a set of three postage stamps.

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