The 46 least developed countries (LDCs) need significant amounts of FDI this decade to achieve the SDGs. In the first two years of this decade, they attracted less than $50 billion. Recognizing that the SDGs remain far out of reach for many countries and that sustainable business investment has yet to be sufficiently mobilized, member States have asked the UN Secretary-General to explore the feasibility of establishing a center to support LDCs with FDI promotion.
In preparing this feasibility study, UN-OHRLLS is soliciting perspectives from IPAs, their public stakeholders, and the international organizations which provide them with technical, financial, and training support. This session is an opportunity to bring together these perspectives.
Session themes:
- What is the full suite of institutional and operational capacities a country needs to adequately stimulate FDI (e.g., promotion, project preparation, contract negotiation, dispute resolution, business environment reform, investment guarantees)?
- What international organizations, IPA member organizations, research and training institutions, etc. can help LDCs fill the full range of investment-related capacity gaps and how?
- How can LDCs systematically and strategically access and make full use of that help?