Small Island Developing States (SIDS) face unique and pressing challenges, particularly when it comes to financing for development. Due to their geographic isolation, small economies, and vulnerability to extreme weather events, SIDS are on the frontlines of climate change, economic shocks, and environmental degradation. Accessing affordable finance is often difficult for these nations, and many struggle with high levels of debt, limited fiscal space, and fragile ecosystems. This makes it crucial for SIDS to secure sustainable financial solutions to achieve their national development goals and the Sustainable Development Goals (SDGs).
The Financing for Small Island Developing States (FINS), a United Nations Department of Economic and Social Affairs (UN DESA) pilot initiative, aims to support targeted SIDS in strengthening their capacity to mobilize and align financing with their national priorities using the Integrated National Financing Framework (INFFs) approach.
Here's a video about the #INFFsinFiji initiative:
For more information: DESA-FINS@UN.ORG