Organised by

UNDP and DESA

Summary

SIDS’ financing needs for sustainable development – though difficult to quantify – are large. They are also set to rise given their disproportionate exposure to climate change. How can SIDS meet the challenge of financing our ambitious new sustainable development agenda? Both domestic resources and international finance will be indispensable. At the national level, SIDS are taking initiatives to explore innovative ways of financing. At the international level, the evolving development financing landscape presents considerable opportunities for small island developing states in the future. Opportunities include an expansion in environmental and climate focused international public finance, the emergence of new and innovative financial instruments and an expanded donor and lender pool. Yet SIDS continue to experience severe constraints when it comes to both domestic and external resource mobilization. SIDS are also highly vulnerable to economic and environmental shocks. How can financing constraints be overcome? What needs to change at both the national and international levels so that SIDS can maximize the development financing opportunities available?

Related Information

• UNDP
• DESA SIDS Unit