She said re-aligning public and private financing is needed for creating better jobs, especially for people in vulnerable situations.
Ambassador Fatima was chairing a panel discussion jointly organised by the International Labour Organization (ILO) and the United Nations Office of the High Representative for the Least Developed Countries, Landlocked Developing Countries and Small Island Developing States (UN-OHRLLS) on the theme “Leaving no one behind and building back better from COVID-19: The Future of Work in LDCs” on Thursday, said the Bangladesh Mission on Friday.
She said for unlocking the untapped potentials of global value chains for enhancing trade and investment, capacity building in the LDCs is highly essential.
And this could be done by taking advantage of the evolving digital economy, said the Ambassador.
She echoed the importance of leveraging STI, 4IR, reducing digital divides for expanding education and skills enhancement.
The panelists discussed the devastating impact of the ongoing COVID-19 pandemic on globalisation and climate change and their cumulative effects on the job market.
They also stressed the vital importance of financing for development, closing digital divide, FDI inflow, and capacity development for the creation of more decent jobs in the LDCs.
Ambassador Fatima highlighted the importance of pursuing a job-rich approach, backed by stronger employment policies and institutions, better-resourced and comprehensive social protection systems for preventing poverty, under-consumption and hunger around the world.
The meeting was participated by among others, Ambassador Alya Ahmed Saif Al-Thani, Permanent Representative of Qatar to the United Nations and Representative of the host country of the LDC 5 Conference; Ambasador Perks Ligoya, Permanent Representative of Malawi to the United Nations and Chair of the LDC Group; Fekitamoeloa Katoa ‘Utoikamanu, High Representative for the Least Developed Countries, Landlocked Developing Countries and Small Island Developing States; and Moussa Oumarou, Deputy Director General for Field Operations and Partnerships.
Ambassador Fatima wrapped up the panel discussion by urging the global community to ensure better and decent jobs for everyone in the coming days.
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