LDC Portal - International Support Measures for Least Developed Countries - COP28

Work of the LEG in supporting the least developed countries on adaptation

MTAVARES1 — Mon, 04 Dec 2023 14:00:00 +0000

Monday, 04 December 2023 - 9:00pm

4 December 2023, To discuss the support provided by the LEG, GCF, GEF and other and relevant organizations, and the achievements and lessons learned by the least developed countries in the formulation and implementation of NAPs.

Work of the LEG in supporting the least developed countries on adaptation (youtube.com)

tags:

LEG

Climate change

COP28

GEF

GCF

FAO

UN-OHRLLS

From the GEF: In good news for adaptation, donors boost support to LDCF and SCCF

MTAVARES1 — Mon, 04 Dec 2023 14:00:00 +0000

4 December 2023.

In a sign of positive momentum for climate change financing, eight donor governments announced new commitments to the Least Developed Countries Fund (LDCF) and Special Climate Change Fund (SCCF) and signaled their political support for the unique roles these funds play in addressing climate resilience needs.

Belgium, Canada, France, Germany, Norway, Spain, Sweden, and the United Kingdom announced new pledges totaling $174.2 million for the LDCF and SCCF, which are hosted by the Global Environment Facility. The commitments made at COP28 in Dubai were significantly higher than the amount pledged to the LDCF and SCCF during COP27 in Sharm El-Sheikh last year.

Please see the donor governments’ joint statement for amounts pledged by country.

Full press release here.

Front Page Article:

Enabling a “Green Seize” of New Trade Opportunities for LDCs: Learning from the Covid-19 response to address the climate emergency (Session host: WTO)

MTAVARES1 — Sun, 03 Dec 2023 14:00:00 +0000

Sunday, 03 December 2023 - 9:00am

3 December 2023. WTO events at COP28.

Event held during the United Nations Climate Change Conference (COP28) by EIF and ODI, hosted at the Trade House (International Chamber of Commerce (ICC), the International Trade Centre (ITC), the United Nations Conference on Trade and Development (UNCTAD), and the World Trade Organization (WTO) Secretariat).

tags:

Enhanced Integrated Framework (EIF)

The Gambia

Enabling a "Green Seize" of New Trade Opportunities for LDCs: Learning from the COVID-19 response to address the climate emergency (WTO with ODI, EIF)

MTAVARES1 — Sun, 03 Dec 2023 14:00:00 +0000

Sunday, 03 December 2023 - 9:00am

3 December 2023. The Least Developed Countries (LDCs) account for less than 1% of global exports but almost 15% of global population.
The Sustainable Development Goals included a goal to double their share in world exports by 2020, but this target was not met. Given the urgent need to confront the climate emergency between now and 2030, a number of new green trade measures will shape low-carbon global supply chains; resilience building within supply chains is also determining new trade opportunities. There are many lessons that can be drawn from the Covid-19 experience to ensure gainful LDC participation within green resilient supply chains – this includes ensuring open markets, facilitating technology transfers, and supporting engagement with the private sector. This session will therefore focus on the role of the multilateral trading system in supporting LDCs to engage with the new trade opportunities arising from shift to low carbon supply chains - shifting the dynamics away from a potential “green squeeze” to a “green seize” of new market opportunities for LDCs.

Recording here.

Programme here.

tags:

Enhanced Integrated Framework (EIF)