Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/280306 
Year of Publication: 
2023
Series/Report no.: 
ODI Report
Publisher: 
Overseas Development Institute (ODI), London
Abstract: 
Small Island Developing States (SIDS) have long argued that their unique condition, including their small populations and geographic location, makes them especially vulnerable to multiple climate impacts that they have had a negligible role in generating. Yet this vulnerability is barely accounted for in the allocation of development or climate finance, and only partially embedded in international organisations (IOs), including across the UN system, World Bank, and World Trade Organisation. This vulnerability will only increase, with climate change and disaster impacts driving higher and higher debt levels, which in turn undermine SIDS' resilience and adaptation potential. Yet investments can and do increase SIDS' ability to cope with external shocks, and to adapt and build resilience to future climate change impacts. Until now, it was unclear how much and which types of finance were being allocated to SIDS to build resilience. This paper provides clear evidence of the gap between vulnerability and allocation of finance.
Subjects: 
Climate finance
Financial systems
Resilience
Creative Commons License: 
cc-by-nc-nd Logo
Document Type: 
Research Report

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