Financing sustainable development in the Organisation of Eastern Caribbean States
A transition finance diagnostic
This paper gives an overview of all development finance sources available to countries
of the Organisation of Eastern-Caribbean States (OECS) for enhancing their economic
and climate resilience, and progress towards their Sustainable Development Goals (SDGs).
After reviewing political and macroeconomic contexts, it examines some of the specific
challenges and opportunities they meet in financing their development, including the
mobilisation of private finance and domestic resources; public debt sustainability;
and the alignment of official development finance (ODF) with their evolving needs.
It stresses the risks of inadequately preparing for the end of eligibility to official
development assistance (ODA), when countries reach high-income status while remaining
highly vulnerable. Finally, it presents recommendations for the OECD Development Assistance
Committee (DAC) members to better support and accompany OECS countries as they transition
to higher-income status.
Available from April 17, 2024
In series:OECD Development Co-operation Working Papersview more titles