Global: Investment, not charity for LDCs

Least Developed Countries do not need charity; they want more and smarter investments. This was the point of departure for the Fourth UN Conference for the world's poor countries (LDC-IV) begins in Istanbul, Turkey. Up to 8,000 delegates, including the leaders of the world's 48 least developed countries (LDCs), international aid agencies and development partners discussed solutions to abject poverty. Up to 900 million people are citizens of LDCs, half of them living on less than two dollars a day. Over the last decade, 60 per cent of the world’s refugees originated from the LDCs, according to the United Nations.