SIDS were first recognized as a special case in development in 1992 at the United Nations Conference on Environment and Development. Since this, several international agreements have advanced the agenda of SIDS, such as the SAMOA Pathway set to reach its conclusion next year. The priorities of SIDS and the effectiveness of implementation principles is outlined in this new report, which explores focus areas for SIDS including cross-cutting issues such as to improve data collection & use, establishment of integrated national financing frameworks, and capacity-building especially related to digital transformation and economic diversification. These focus areas include to address vulnerabilities through climate action, disaster risk reduction, economic resilience, and through strengthening maritime transportation systems and the blue economy. Resource mobilization is also key including through tax revenue, access to concessional and climate finance, reduced remittance costs, and by de-risking and directing private investment. Beyond mobilization, resource management is central by strengthening expenditure management, debt management, and to curb illicit financial flows. Finally, the report explores methods of effective delivery of these priorities, grounded in partnerships, transparency, strengthening foundational infrastructure, alignment with national priorities, building economies of scale across regions, and integrating pillars of development to amplify opportunities. These priorities and principles will all be valuable to contribute to discussions at the 4th SIDS Conference in 2024, where a new agenda will be set for the next decade of development in SIDS.


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