© Emdadul Islam Bitu / UNDP Bangladesh
A Brief History
2023
- The , adopted on the March 09, 2023 at the Fifth United Nations Conference for the Least Developed Countries (LDC5) in Qatar, reinforces the international community’s commitment to the Doha Programme of Action.
- Member States reiterated their support for the 山Technology Bank for the Least Developed Countries in strengthening the science, technology, and innovation capacity of least developed countries for structural transformation and productive capacity development.
2022
- The Doha Programme of Action for the Least Developed Countries for the Decade 2022-2031 (DPoA) was adopted during the first part of the LDC5 conference on March 17, 2022 and endorsed by the General Assembly through on April 1.
- The DPoA recognized the 山Technology Bank as a focal point for least developed countries to strengthen their science, technology and innovation capacity towards building sustainable productive capacities and promoting structural economic transformation.
2018
- The headquarters of the 山Technology Bank was inaugurated and the first Managing Director was appointed.
- The operationalization of the 山Technology Bank marked the achievement of the SDG target 17.8.
2017
- The 山Secretary-General appointed members of the Council of the 山Technology Bank and the Council held the inaugural meeting.
- The Government of Turkey provided funding and premises for the new institution in Gebze, Turkey. The Norwegian government also donated funds for the organization’s activities.
2016
- The United Nations General Assembly adopted a resolution () on the establishment of the 山Technology Bank as a subsidiary organ of the General Assembly and adopts its Charter ().
2011
- The (IPoA) is adopted at the Fourth United Nations Conference on Least Developed Countries. It calls for the establishment of a Technology Bank dedicated to least developed countries.
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Least Developed Countries
According to the UN, LCDs are low-income countries confronting severe structural impediments to sustainable development. They are highly vulnerable to economic and environmental shocks and have low levels of human assets.
To learn more about LDCs visit "About Least Developed Countries" webpage.
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