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Wednesday, February 5, 2025

Reshaping Perspectives and Catalyzing Diplomatic Evolution

Qatar: The Fifth United Nations Conference on the Least Developed Countries concludes its work with the adoption of the "Doha Declaration"

The Fifth United Nations Conference on the Least Developed Countries concluded its work this evening at the Qatar National Convention Centre, with the accreditation of "Doha Declaration", which reinforces the commitment of the international community to the Doha Action Program 2022-2031 towards the 46 least developed countries in the world. Stakeholders from countries, international bodies and institutions pledged during the days of the conference, which lasted for 5 days under the title "From potential to prosperity"With financial commitments of more than $1.3 billion in the form of grants, investments, loans, aid, development projects and technical support, with the aim of positively affecting the 1.2 billion people living in the least developed countries, which represents a translation of the Doha Work Program into tangible results, as the State of Qatar announced a financial package $60 million: $10 million to support the implementation of the Doha Work Programme, and $50 million to help build resilience in least developed countries. Saudi Arabia announced $800 million to fund development projects in least developed countries starting this year, and the Federal Republic of Germany allocated $200 million from 2023. Canada announced $35 million to UNICEF to provide vitamin A supplements in 15 least developed countries to help In preventing malnutrition for more than 40 million children, in addition to 25 million for preserving the ecosystem and improving biodiversity in Burkina Faso, the European Union Commission also announced cooperation agreements that promote sustainable investments in Africa with a total investment of more than 130 million euros, while the Republic of Finland announced For an annual event under the name "United Nations Forum for the Least Developed Countries" In Helsinki, in collaboration with the Office of the United Nations High Representative for the Least Developed Countries, Landlocked Developing Countries and Small Island Developing States, to bring in the latest ideas and research that contribute to strengthening the capacities of the most vulnerable countries. The Green Climate Fund announced a new project to grant $80 million in equity to provide green guarantees for businesses and reduce the cost of capital, and the United Nations World Tourism Organization announced the creation of a new €10 million Tourism Fund for Development, supported by the TUI Foundation. Care, which will invest until 2030 to support sustainable tourism in the least developed countries as a major driver of development. The Government of Kazakhstan pledged $50,000 to continue its work in support of the most vulnerable member states of the United Nations. In this context, HE Deputy Secretary-General of the United Nations, Amina Mohammed, praised the efforts made by the State of Qatar to host the Fifth United Nations Conference on the Least Developed Countries, noting Qatar’s unlimited support towards these countries over the past years. During her speech at the closing session of the conference, she said:" We have deviated from our path twice due to the Corona pandemic, but we have never lost sight of the need of the most vulnerable countries in the world for this important moment, in which the entire United Nations system meets with development partners, parliamentarians, the private sector and civil society with one ambition, and the determination to restore the paths of development To get the least developed countries back on track, and re-work towards achieving the Sustainable Development Goals".

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Arab Desk
Arab Desk
The Eastern Herald’s Arab Desk validates the stories published under this byline. That includes editorials, news stories, letters to the editor, and multimedia features on easternherald.com.

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