Small Island Developing States (SIDS) are making sure their best interests and most pressing needs are fully reflected in the discussions that will take place during next year’s 4th International Conference on Financing for Development.
The conference will take place in Seville, Spain from the 30th June – 3 July and will address a broad range of issues, many of which directly impact the ability by SIDS to achieve sustainable development.
At a workshop at the United Nations this morning, representatives of SIDS advocated strongly for tangible solutions on matters like their mounting debt, equitable access to international funding that are responsive to their unique economic and climate related challenges.
Deputy Chair of AOSIS Ambassador Tania Romualdo, of Cabo Verde stated at the very outset that it is an imperative to recognize SIDS unique vulnerabilities by addressing their specific needs and emerging concerns n alignment with the Antigua and Barbuda Agenda for SIDS (ABAS).
“SIDS have long advocated for compensation mechanisms to address irreversible climate impacts. At the recent COP29 of UNFCCC we saw how heated the discussions were on this specific topic and although we register some advancements much is yet to be achieved,” Ambassador Romualdo stressed to the participants of the two-day workshop, which is preparing for one of the most important talks on international finance in the coming year.
The workshop will also hear details on the SIDS Global Debt Sustainability Support Service (DSSS), another crucial outcome of the ABAS.
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