Video: Financing the Blue Economy in the Caribbean. What are the 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?
The Addis Ababa Action Agenda (AAAA) lays out the steps the international community promises to take to fund the world’s new sustainable development agenda – to be agreed in New York in September. What does it promise?
This paper provides a snapshot of development financing in small island developing States (SIDS). It reviews key data on domestic and international financial flows, such as development and climate aid, foreign direct investment, remittances, tax revenues and savings and also explores debt sustainability.
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?
With the UN’s development goals up for renewal the question of financing is more important than ever
Fresh approaches are needed to break the cycle of debt dependency
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.
This discussion paper explores critically high levels of public debt and debt service across many small island developing states. It asks to what extent debt may be hampering progress towards poverty reduction and the MDGs and puts forward a series of policy measures to support SIDS reduce their public debt burdens.
This Discussion Paper examines the Jamaica Debt Exchange Programme, and asks whether the initiative will help release additional funds for poverty reduction and restore debt sustainability to the island. The debt exchange will release over US$500 million in extra resources in 2010 but the government’s debt position remains fragile.