Helping Small Island Developing States graduate to success
By 2030, between five and twelve Small Island Developing States (SIDS) could lose
eligibility to – i.e. graduate from – official development assistance (ODA) as they
reach high-income status. Unless other sources of finance effectively fill the gap
left by their high dependence on ODA, those SIDS may suffer socio-economic setbacks
and be worse-off after graduation. This may have broad negative consequences, given
their geostrategic importance and role in the preservation of oceans and biodiversity.
To help SIDS “graduate to success”, donors should use multidimensional vulnerability
indices (MVIs) to better tailor their support, and engage with them through new graduation
strategies.
Published on May 15, 2024
In series:OECD Policy Briefsview more titles