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United Nations Technology Bank
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Finance & Law
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Description
The United Nations Technology Bank for Least Developed Countries is a global organization dedicated to enhancing the contribution of science, technology and innovation for sustainable development in the world’s least developed countries.
The UN Technology Bank became operational in 2018 and serves the 47 least developed countries (LDCs) PDF document and former least developed countries for up to five years after their graduation from the category. According to the UN, LCDs are low-income countries confronting severe structural impediments to sustainable development. They are highly vulnerable to economic and environmental shocks and have low levels of human assets.
Headquartered in Gebze, Turkey, the UN Technology Bank actively engages with national, regional and international partners to deliver its programme and projects which strengthen science, technology and innovation capacity in least developed countries. The UN Technology Bank supports national and regional technological efforts, reinforces partnerships across sectors and helps nations identify and use appropriate technologies to transform their economies and improve livelihoods.
The UN Technology Bank became operational in 2018 and serves the 47 least developed countries (LDCs) PDF document and former least developed countries for up to five years after their graduation from the category. According to the UN, LCDs are low-income countries confronting severe structural impediments to sustainable development. They are highly vulnerable to economic and environmental shocks and have low levels of human assets.
Headquartered in Gebze, Turkey, the UN Technology Bank actively engages with national, regional and international partners to deliver its programme and projects which strengthen science, technology and innovation capacity in least developed countries. The UN Technology Bank supports national and regional technological efforts, reinforces partnerships across sectors and helps nations identify and use appropriate technologies to transform their economies and improve livelihoods.
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