Round Table 5: Provision and mobilization of resources, and strengthened global partnerships for sustainable development in landlocked developing countries (LLDC3)
Production Date
Video Length
03:03:46
Broadcasting UN Entity
Summary
This session will discuss the financing gaps that hinder the sustainable development of LLDCs.
View moreView lessDescription
Domestic resource mobilization will be emphasized as crucial for development, but LLDCs will continue to rely heavily on external financing, such as Official Development Assistance (ODA) and Foreign Direct Investment (FDI). The round table will stress the need for innovative financing mechanisms and international partnerships to meet infrastructure and development needs. The role of remittances and debt sustainability will also be examined, highlighting the necessity of creating favorable conditions for investment and debt relief.