Financing for Small Island Developing States (SIDS) remains below the levels needed to advance the Sustainable Development Goals.? Concessional flows (official development assistance)? directed to SIDS in 2019 was $5,742 million (mn)(OECD, 2021). SIDS receive very little Official Development Assistance (ODA) as a share? of total ODA.
SIDS Publications
Small Island Developing States (SIDS) are being disproportionately and increasingly impacted by the impacts of climate change while their special circumstances make them extremely vulnerable to other external shocks, including the COVID-19 pandemic.
Developing countries still have to regain lost ground from the COVID-19 pandemic. The pandemic has put more countries at risk of debt distress, constrained their fiscal space and hampered economic growth. The war in Ukraine is exacerbating all these challenges.
In December 2020, in Paragraph 8(a) of Resolution 75/215 the UN General Assembly called on the Secretary General ¡°to provide recommendations¡on the potential development and coordination of work within the UN system on a multidimensional vulnerability index for small Island developing states, including on its potential finalization and use¡±.
Because island communities are at the frontlines of a changing world, they are spawning a wide range of solutions, some of which are addressing transnational development challenges. Many of these solutions need to be nurtured, promoted, scaled-up and implemented by different SIDS as nations co-operate and learn from each other.
The Assessment of Financing for Sustainable Development and the Achievement of the SAMOA Pathway report 2020 provides statistical data and an analytical overview of the external financial flows to Small Island Developing States (SIDS) for sustainable development and the implementation of the SAMOA Pathway and
SIDS are heavily dependent on oceans, coasts and marine resources for their livelihood and economic growth.
National Focal Points (NFPs) facilitate the strengthening of coherence and coordination at the national, regional and global levels on SIDS-related issues and foster peer-learning and exchange of best practices on the implementation and follow up of the SAMOA Pathway, the 2030 Agenda for sustainable development, the SDGs and other global frameworks in the context of COVID-19 and the need to ¡°bu