Small island developing states (SIDS) are uniquely vulnerable to, and are already feeling the impacts of, climate change. This vulnerability is compounded by the size of their economies and vulnerability to macro-economic shocks. As a result, adaptation investment needs are large for these islands, but access to finance is limited. This event will explore the urgent need for adaptation finance SIDS.
Presenting key lessons from the SIDS around the globe, the session will underscore the critical role of targeted investments and adaptation measures in climate and disaster risk mitigation. The discussion will highlight adaptation financing challenges, discuss solutions, and call for strong regional, international, and private sector collaboration.