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

.

Innovations and good practices for a new way to respond to the complexity of development co‑operation in small island developing states

Small island developing states (SIDS) face a set of specific development challenges and vulnerabilities that make achieving sustainable development particularly difficult. To help SIDS tackle those challenges and embark on a path of sustainable development, development co-operation needs to work better for SIDS. To this end, this chapter presents a set of recommendations that build on examples of innovative solutions and good practices of development co-operation with SIDS in relation to: (i) enhancing access, modalities and partnerships; (ii) using concessional resources innovatively to leverage more resources for development, including through support to unlock greater domestic resources, to create more fiscal space and to incentivise private investments; (iii) channelling resources to priority areas that could foster growth and development and move, at least some SIDS, closer to self-sufficiency: low-carbon investments and climate resilience, the blue economy, and stronger private and trade sectors.

English

Graphs

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