HIMALAYAN NEWS SERVICE
Prime Minister Baburam Bhattarai has emphasised on integration of economic, social and environmental dimensions of sustainable development to address development challenges facing the world, particularly Nepal and other least developed countries.
While addressing the United Nations Conference on Sustainable Development in Rio de Janeiro, Brazil, yesterday, Prime Minister Bhattarai underscored that the outcome of the Rio+20 summit has to provide enhanced financial resources, including Overseas Development Assistance — a financial support commitment made by developed countries to the poorest counties — for the support of the LDCs, a UN group of 48 poorest countries in the world.
As the chair of Global Coordination Bureau of LDCs, the prime minister said it was naturally a key stakeholder of the conference. “Its concerns and aspirations in the context of sustainable development and poverty eradication should get due priority,” he added.
In his speech, Bhattarai said development challenges of LDCs had become more pronounced and complex and their ability to address them remained greatly constrained. “The LDCs continue to remain most off-track in the achievement of the MDGs that we collectively defined as a basic minimum for humanity. The resources committed to be available for achieving those goals fall much short of the commitments,” said Prime Minister Bhattarai.