The LDCs face unprecedented challenges from the Covid-19 pandemic: climate change, global recession, rising energy costs and food insecurity. At the same time, they need to drive inclusive, resilient and sustainable recovery and growth. Alongside the important role of official development assistance for LDCs, private sector investment will be essential for these countries. We are stepping up our commitments to work with the UN to help expand its private sector reach and to identify innovative solutions to the most pressing problems with our co-chairing of the 5th UN Conference on LDCs Private Sector Forum in 2023. In the leadup to the meetings in Doha, we have worked with companies across a variety of sectors to outline the main challenges facing LDCs in connectivity, blended finance, skilling, multistakeholder partnerships and good governance, and provide recommendations on what is needed to drive increased private sector investments to further progress in the SDGs. In close partnership with Microsoft Tech for Social Impact colleagues, we’ll continue to deepen our work on the empowerment of UN organizations for a fit-for-purpose use of technology to solve big societal problems and advance the SDGs, while increasing our focus on digital development of LDCs.
Ensuring that digital technology can be a resilient foundation for enabling the SDGs will require that critical issues at the intersection of technology and society are addressed. Industry needs to work with governments, civil society, the technical community and other stakeholders so that together, we can create a trustworthy digital foundation that can lead to inclusive economic opportunity and protect fundamental human rights – and enable a more environmentally sustainable future. This is an important undertaking for our team – offering the UN, international organizations and
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