The world of finance is waking up to the reality of climate change, but money still isn’t getting to the right places
Trade is a critical part of on the ground adaptation efforts that must also be considered, specifically local trade amongst small and medium enterprises which are impacted head-on by climate emergencies. We are seeing communities already vulnerable to shocks affected not only in terms of their resources getting destroyed or depleted but also due to a lack of support systems when this happens.
As pandemic eases, LDCs face a long road to recovery
The World Bank warned that recovery will be slower in low-income countries, especially small, fragile and conflict-affected states. This is due to lower vaccination rates, tighter fiscal and monetary policies, and more persistent scarring from the pandemic.
Why trade finance matters to unlock LDCs' trade potential
A better access to trade finance in least developed countries (LDCs) could allow businesses to have the financial tools to participate in national, regional or global trade.
What Bhutan got right about happiness - and what other countries can learn
Guided by its Gross National Happiness, Bhutan has considerably improved its economic, environmental, social and governance situation in the past four decades.
Amid cyclones and COVID-19, Vanuatu makes bold decision to graduate from ‘least developed country’ category
Originally published by OECD Development Matters blog on 30th April 2021
How LDCs can reset policy to attract more FDI
As foreign direct investment (FDI) in developing countries tumbles to 25-year lows, Least Developed Countries (LDCs) have an opportunity to buck this trend by dismantling trade barriers and developing stable policies that incentivize and de-risk value-add investment into strategic sectors.
Narrowing the trade finance gap for LDCs
The Covid-19 pandemic has exacerbated the challenges Least Developed Countries (LDCs) face in accessing vital trade finance, as many have seen their local dollar liquidity shrink while foreign banks take a dimmer - and not always accurate - view of emerging market risk.
UNCTAD LDC Report: putting productive capacities first
Expanding and diversifying productive capacities will better position least developed countries (LDCs) to tap the financing and e-trade opportunities that will underpin their Covid-19 recovery. This was a recurrent theme in the United Nations Conference on Trade and Development (UNCTAD) Least Developed Countries Report 2020, which cautioned however that the international community must first rally with resources, policy space and better international support measures.
Action plan for increasing LDCs’ share of blended finance
Least developed countries (LDCs) receive only 6% of the private finance mobilized globally through blended finance, and even then funds are concentrated in a handful of LDCs while ‘last mile’ countries, sectors and businesses miss out.
New Insight briefs reveal how COVID-19 will impact Aid for Trade - and how LDCs can take advantage of innovating financing to support trade
The COVID-19 pandemic has impacted trade in the world’s least developed countries (LDCs) in a myriad of ways – from the complete collapse of tourism in some LDCs, to the rise of e-commerce opportunities in others. It’s also expected to impact donor country aid budgets for many years to come.