Participants at a United Nations summit today outlined a 10-year plan to support the world’s most vulnerable countries overcome poverty, calling on the private sector to play a greater role in the fight, urging wealthy nations to step up their aid commitments and demanding the elimination of many trade barriers. The Istanbul Programme of Action to spur development and economic growth was made public at the end of the Fourth UN...

The dominant approaches to development have failed the world’s poorest citizens and now the paradigm must change. This is the strong message coming from over 2,000 non-governmental organisations gathered at the civil society forum for the Fourth U.N. Conference on the Least Developed Countries (LDC-IV) in Istanbul, Turkey. Arjun Karki, spokesperson for the forum, told the gathering that the failure to see more LDC countries graduate from this most vulnerable classification...

Half the world’s 48 least developed countries (LDCs) can “graduate” out of their impoverished status within 10 years if they benefit from better targeted development aid, duty- and quota-free access for exports and doubled farm productivity and school enrolment, according to a United Nations report released today. This is considered a bold objective, given that altogether there have been 51 LDCs since the category was created by the UN in 1970,...

India today slammed the US and other parties to the Copenhagen Accord for failing to deliver "fast track" financial obligations to Least Developed Countries (LDCs) and other nations facing the risk of climate change. Environment Minister Jairam Ramesh said the United States and other parties to the Copenhagen Accord had agreed to raise USD 30 billion for helping poor nations most at risk of climate change. "The continued inability to deliver on...

Cracks have developed among India and three other developing countries on accepting legally binding emission cuts at the climate change summit here, with Minister of State for Environment and Forests Jairam Ramesh saying there is concerted pressure on the country and China to accept such cuts.“There are differences within BASIC [Brazil, South Africa, India and China]. India and China are united on this issue. Brazil and South Africa are united,”...