#FinancingSDGs #FinanceReimagined
The UN Climate Change Conference in Madrid has wrapped up, and all eyes will now be on Scotland as next year’s host of what is arguably the world’s most important international conference. How can we build a financial system that has people and planet at its heart?
Responsible investment is growing. But there are questions about its impact on achieving sustainable development.
What do global ‘megatrends’ such as climate change, migration, urbanisation, continued environmental degradation, advances in artificial intelligence (AI) and demographic shifts mean for financing the SDGs? What are the challenges and opportunities?
Hurricanes Irma and Maria have laid bare the deficiencies of an international aid and assistance architecture that sees many countries of the Caribbean ineligible for aid or concessional loans. What can be done to support countries to build back better?
What steps can Pacific island countries take to mobilize more sources of finance and to strengthen the effectiveness of public expenditures? Are there opportunities to leverage innovative finance. And are there lessons learned from other countries, in particular other Small Island Developing States (SIDS)?
There is increasing need for financial instruments and innovations designed to reduce vulnerability to risk and help countries cope when crises occur
Grenada is one of the world’s first countries to develop a vision for an economy based on ‘blue growth’
With Pacific islands at the forefront of climate change, they need to secure resources not only to meet development priorities such as improving health and education but also to adapt to climate change, build resilience and withstand sudden (often very large) economic and environmental shocks. Where will these resources come from, and how can Pacific islands make most effective use of these funds?
With major environmental shocks increasingly common, how can small states – from Barbados to Cabo Verde to Samoa – better plan for environmental emergencies? And will the international community make sure that adequate finance is made available?
This paper explores the rapid increase in public debt in the Maldives over the last five years and assesses the possible development impact. It looks at the main drivers and possible policy solutions to the problem.
Gail Hurley 