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Making Development Co-operation Work for Small Island Developing States

image of Making Development Co-operation Work for Small Island Developing States

Small Island Developing States (SIDS) stand at a critical juncture on their paths to sustainable development. Economic growth, human development and vulnerability indicators point to specific challenges facing SIDS, and suggest that new development solutions and approaches are needed to chart the course to prosperity for their people and their environments. Building on a number of innovative sources of data, such as the OECD Surveys on Private Finance Mobilised and on Philanthropy, in addition to OECD DAC statistics and other sources, this report examines the financing for development resources – domestic and external – available to SIDS. It provides new evidence on sources, destination, and objectives of development finance in SIDS. It highlights innovative approaches and good practices that the international community could replicate, further develop, and scale up in order to make development co-operation work for SIDS, helping them set on a path of sustainable development.

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Editorial: Helping small island developing states embark on sustainable development pathways

We are all affected by what happens to small island developing states. The strength of their economies, people, and land brings shared prosperity for everyone. Small island developing states are the custodians of the oceans that connect the world. At the same time, the families that live on these islands hold the frontline against the impact of natural disasters. These threats are increasing as a result of the climate change for which we all bear responsibility. Small island developing states are placed at the centre of a vicious cycle of high vulnerability and low growth. In response, development co-operation for this group of countries requires a unique strategy that is tailored to building long-term resilience against external blows.

English

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