2024 will see the fourth International Conference on Small Island Developing States (SIDS), a once in a decade opportunity for transformational change to support acutely vulnerable states. On the frontline of climate change, SIDS represent 25% of developing states, steward one third of the global ocean and protect unique but fragile biodiversity.
SIDS face unique economic problems due to their narrow economies and high trade dependence. This includes lack of access to finance, and susceptibility to economic and natural disaster shocks. These problems constrain the ability of SIDS to adapt to climate change – and yet two are likely to disappear this century due to rising oceans. The problems of SIDS are exacerbated by small state systems, that ensure that when finance is available it is often too difficult to access due to onerous bureaucratic systems. In advance of the 2024 SIDS Summit (4th International Conference) this event will consider how finance, particularly for climate adaptation, can be improved.
This invitation only event will bring together SIDS, development partners and multilateral leaders, to discuss options for improved support. It seeks to build consensus for improved access to finance for the most vulnerable states as part of the journey towards the 2024 SIDS Summit. The objective is to support participants to find avenues for change that will support effective agreements at the Summit.
This event is being hosted by the United Kingdom, in partnership with the 2024 SIDS Summit hosts, Antigua and Barbuda, and the UN Office of the High Representative for the Least Developed Countries, Landlocked Developing Countries and Small Island Developing States (UN-OHRLLS).
Project Manager: Andrea Fallon