1887

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.

English

.

Foreword

This report is part of the OECD work on “countries most in need” and contributes to international efforts to better tailor development co-operation to the specific circumstances of small island developing states (SIDS). The OECD has intensified its work on “countries most in need”, with a view to maximising the full potential of development finance, particularly of scarce official development assistance (ODA), since the 2014 OECD Development Assistance Committee (DAC) High Level Meeting, where Ministers from DAC member countries decided to “allocate more of total ODA to countries most in need, such as least developed countries (LDCs), low-income countries, small island developing states (SIDS), landlocked developing countries and fragile and conflict-affected states”. At the Third International Conference on Small Island Developing States, the Chair of the DAC and the Administrator of the United Nations Development Programme, together with the Caribbean Community and the Pacific Islands Forum Secretariat, agreed to contribute new evidence to foster international dialogue and build international support for SIDS, including a focus on OECD work on “countries most in need” on SIDS. Tailoring financial instruments to different country needs is also at the heart of the concerns expressed during the 2016 and 2017 DAC High Level Meetings.

English

This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error