Presentation of the 2024 CDP Report to ECOSOC

On 5 June 2024, Professor Sakiko Fukuda-Parr, Chair of the Committee for Development Policy (CDP), introduced the Committee’s Report on its 26th Session at ECOSOC's 2024 Management Segment. The report is available here in all six UN languages. In her statement, the Chair stressed the CDP’s key findings and recommendations on each of the topics discussed at this year’s plenary. Read the statement here.

She highlighted the CDP’s messages on the challenges and opportunities of an innovation ecosystem to serve development, structural change, and equity. The Chair also confirmed the CDP’s continued commitment to contributing to the Voluntary National Reviews (VNRs) process as a gool for leaning and exchanging implementation on the SDGs. In its work on the graduation of LDCs, the CDP conducted its triennial review of the list of LDCs, monitored the development progress of graduating and graduated countries and reflected on the changing global context of graduation. It found that global shocks are posing significant challenges to graduating countries and dimming the graduation prospects of all LDCs. This changing global context requires updating the existing graduation framework to make it fit for purpose. CDP recommended three countries for graduation of three countries and deferred its decision on a possible recommendation for graduation of two other countries to the 2027 triennial review. More information on LDCs and the status of the graduation process be found on the LDC Portal.

Following the introduction of the report, ECOSOC adopted the resolution on the report which, among other items, endorses the recommendation of the Committee that Cambodia, and Senegal graduate from the list of least developed countries, and that a five-year preparatory period is necessary to effectively prepare for graduation. It also decides, on an exceptional basis, to defer the graduation of Djibouti, Kiribati and Tuvalu to a later date.

The event was live streamed and can be watched on UN Web TV.

Relevant links


Momentum is gathering on the implementation of commitments made by the international community to build a measurement framework that respects and accurately reflects the ambitions of sustainable development, going beyond Gross Domestic Product (GDP…
Last month, UN DESA’s Economic Analysis and Policy Division hosted the fourth session of its Development Policy Seminar Series on the World Economic Situation and Prospects. The Seminar examined inflation dynamics in the post-pandemic era in South…
Understanding households’ inflation expectations: the role of food and energy prices Inflation expectations are crucial to economic performance as they influence the effectiveness of both fiscal and monetary policies. Household inflation…