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World\'s Least Developed Countries Set to Jump Start Transition to a Green Economy

17 June 2011

UNEP

With their low-carbon profile, rich natural assets and promising policy initiatives, the world\'s 48 least developed countries are well-positioned to jump start the transition to a green economy, according to a new UN report released today at the start of the Fourth UN Conference on Least Developed Countries (LDC-IV).

The joint report, issued by the United Nations Environment Programme (UNEP), the United Nations 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), points to the economic and human development opportunities of a green economy transition for the world\'s least developed countries (LDCs).

While developed and emerging countries face substantial costs of \'decarbonization\', as well as costs linked to retiring inefficient fossil fuel-based technologies, the report suggests that LDCs can avoid these hurdles by maintaining and expanding sustainable economic activities they are already utilizing. For example, low-carbon, labour-intensive agriculture and community-based forestry are sustainable practices that have existed for decades in these countries, and they will be central elements in greening these sectors.

In addition, the report, Why a Green Economy Matters for the Least Developed Countries, finds that new opportunities offered by a green economy will help LDCs meet their Millennium Development Goals.

Read more http://www.ecovoice.com.au/eco-news/3835-worlds-least-developed-countries-set-to-jump-start-transition-to-a-green-economy-<./p>

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