Supporting ocean economies of LDCs, LLDCs and SIDS
Overview
Least developed countries (LDCs), landlocked developing countries (LLDCs) and small island developing States (SIDS) have a limited capacity to participate in ocean science due to restrictions to their technical, institutional and financial capacities. As a result, they cannot fully benefit from the ocean and its resources in sustainable ways.
In accordance with its mandate under UNCLOS, a key responsibility of ISA is to design and implement mechanisms for building and developing the capacity of its Members, in particular the geographically disadvantaged States such as LLDCs and other vulnerable States.
ISA, the UN Technology Bank for Least Developed Countries and the Indian Ocean Rim Association, with the support of Bangladesh and Singapore, registered the voluntary commitment “Supporting sustainable and emerging ocean economies of LDCs, LLDCs and SIDS” as #OceanAction48513 to assist LDCs, LLDCs and SIDS in the Indian Ocean and the Caribbean regions in building their marine scientific capacities, particularly in highly technical areas such as deep-sea science and technology in support of sustainable development of emerging ocean economies.
Timeline
Start date: November 2022
Date of completion: November 2025