Information .
On 25 May 2022 from 1500-1630 CEST, ECDPM is organising a virtual panel discussion on a renewed partnership with LDCs : ‘EU cooperation with LDCs’. ECDPM’s Alexei Jones and San Bilal are participating in this event.?
Panelists:
–?H.E. Teneng Mba Jaiteh, Ambassador of the Gambia to the EU
–?Luc Chevaillier, adjoint au sous-directeur du développement, secrétaire des affaires étrangères
15 April 2021. Preliminary OECD data indicate that bilateral aid flows from DAC members to the group of LDCs increased by 1.8% in real terms in 2020 compared to 2019. More information .
"The COVID-19 crisis urges us to rethink the economic vulnerability of Least Developed Countries (LDCs) and developing countries more generally. The crisis is putting to a test international support measures and in particular their capacity to adequately respond to countries’ needs. LDCs exhibit significant vulnerabilities that can be overlooked by the current mechanisms of financing for development. At the same time, those vulnerabilities contribute to the slow gains in structural transformation and productive capacity.
The current COVID-19 pandemic has highlighted the precarity of LDCs when it comes to financing and investments in support to trade. There is a growing consensus in the aid community that blending traditional Official Development Assistance (ODA) with private sector sources of capital through innovative finance mechanisms will be crucial to help LDCs recover from the pandemic.
