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UNEP Releases Report on Importance of Green Economy for LDCs

9 May 2011: The UN Environment Programme (UNEP), the UN Conference on Trade and Development (UNCTAD) and the UN Office of the High Representative for the Least Developed Countries, Landlocked Developing Countries and Small Island Developing States (UN-OHRLLS) have released a report titled “Why a Green Economy Matters for Least Developed Countries.” 

The report was released at the the Fourth UN Conference on the Least Developed Countries (LDC IV), convening from 9-13 May 2011, in Istanbul, Turkey.

According to the report, the world's 48 LDCs are positioned to jump-start the transition to a green economy by continuing to develop low-carbon, labour-intensive agriculture and community-based forestry, sustainable practices that have existed for decades. Developed and emerging countries, meanwhile, face substantial costs of “decarbonisation” and costs related to retiring inefficient fossil fuel-based technologies.

The report includes examples of achievements in a range of economic sectors, including energy and agriculture, and through government, private sector and civil society initiatives. The examples include: Uganda's experience in quadrupling exports of organic agricultural products between 2003 and 2008, tapping into a growing global market and ensuring higher prices for products; Nepal's approach to Community Forest Management, which has succeeded in reversing the trend of decline in forest cover and continues to generate employment and income from the sustainable harvesting of timber and non-timber forest products; and Mali's experience of supporting farmers through field training, significantly reducing the use of imported pesticides and expanding the use of organic fertilizers, simultaneously increasing production and reducing input costs. [Publication: Why a Green Economy Matters for Least Developed Countries[UNEP Press Release]