The international community is at a defining moment for its vision of containing climate change through swift and bold action towards a low-carbon transition. Even though the least developed countries (LDCs) account for less than 4% of global greenhouse gas emissions, they are on the front lines of the climate crisis.
This report explores LDC-specific development challenges as they pertain to low-carbon development and structural transformation. It contributes to unpacking the multifaceted linkages between climate change adaptation and sustainable development, highlighting potential mutually beneficial opportunities as well as potential trade-offs for which international support to LDCs is indispensable.
The report primarily identifies three key areas in which LDCs need help from more developed nations - additional finance, enhanced technology transfer, especially green technologies, from developed countries to LDCs, and an upscale of technical assistance and capacity building.