Presentation of CDP Report at ECOSOC High-level Segment

On 16 July 2021, Jose Antonio Ocampo, Chair of the Committee for Development Policy (CDP) introduced the Committee's report to the High-Level Segment of ECOSOC. He stressed the importance of universal vaccination, increased financial support and debt relief to developing countries, structural transformation and a new, supportive, multilateralism to secure a sustainable, equitable and resilient recovery from COVID-19. Professor Ocampo reported on the Committee's work on least developed countries (LDCs) including its recommendation that Bangladesh, Lao PDR and Nepal graduate from the category and that productive capacities be at the center of the programme of action to be adopted at LDC5. Greater support for graduating countries is critical to ensure they transition smoothly out of the category. Professor Ocampo also urged greater attention to issues of environmental sustainability, structural transformation and the root causes of inequalities in the voluntary national reviews (VNRs).

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