Man using a machine, Zambia. Image: Jean Mandela / UNU-WIDER

LDC5 Monitor – Defining its scope and uses

7 March 2024, Pikku-Finlandia, Helsinki, Finland

LDC5 Monitor – Defining its scope and uses


UNU-WIDER, in collaboration with partners, is organizing a session on the LDC5 Monitor at the LDC Future Forum, in Helsinki, Finland on 7 March 2024. The session focuses on defining the scope and uses of the Monitor, for achieving production transformation in least developed countries (LDCs). The session is livestreamed.

 

The 46 LDCs are particularly vulnerable to economic shocks. They face challenging financial situations that limit their ability to increase productive capacity and to build resilience.

To support the sustainable economic development and graduation of the LDCs from the category the OECD Development Centre, Foundation for Studies and Research on International Development (FERDI) and UNU-WIDER, with the support of France, launched the LDC5 Monitor at the LDC5 Conference in Doha, Qatar in 2023.

The LDC5 Monitor seeks to:

  • monitor critical indicators related to vulnerabilities and to production transformation,
  • accompany targeted LDCs in their policy implementation to address these challenges, and
  • track and provide suggestions on how international support measures (ISMs) and partnerships should be adapted to better support LDCs

This session continues the LDC5 Monitor process by identifying the scope, tools and methodology of the Monitor. At the event representatives of LDCs share their specific aspects and discuss them with the international partners, private sector and other stakeholders.

The event is structured and split into three sessions: first session discusses indicators and policies, the second session centres around ISMs and new partnerships for the LDCs, and the third session concludes and outlines the way forward.

Speakers of the event include high-level representatives from Togo, Tanzania, Bangladesh and Mozambique, international partners, researchers, private sector representatives and organisers of the event.

See the programme here.

The in-person event is by invitation only. The event is organised in collaboration with United Nations Office of the High Representative for the Least Developed Countries, Landlocked Developing Countries and Small Island Developing States (UN-OHRLLS) and supported by the government of Finland.

Logos of UN-OHRLLS and Ministry for Foreign Affairs of Finland