What graduating out of LDC status means for Bangladesh

Achieving developing economy status would mean reduction in the informal economy as a share of GDP. Photo: Star

Habibullah N Karim, The Daily Star— It is indeed a seminal event in the history of Bangladesh that the UN last year declared Bangladesh eligible to step up to a developing economy from being a Least Developed Country (LDC). Of course the process is gradual and due to take effect in 2024 with a grace period of three years to wean off the special dispensations of the LDC status. Continue reading

Climate change reveals underlying threats to urban water

Lines of people waited to collect drinking water during the drought in Cape Town, South Africa, January 2018.
©Mark Fisher/Shutterstock.com

By : Marianne Kjellén, Senior Water Advisor, UNDP

UNDP— Fears of cities running out of water have become very real in several parts of the world, most recently in South Asia in places such as Karachi, Islamabad, Chennai, and Delhi. These crises reveal severe underlying problems with water resource management and distribution.    Continue reading