Meeting the Sustainable Development Goals in Small Developing States with Climate Vulnerabilities: Cost and Financing
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Summary:
Small Developing States (SDS) face substantial challenges in achieving sustainable development. Many of these challenges relate to the small size and limited diversification of their economies. SDS are also among the most vulnerable countries to the impact of climate change and natural disasters. Meeting SDS sustainable development goals goes hand-in-hand with building their climate resilience. But the additional costs to meet development and resilience objectives are substantial and difficult to finance. This work adapts the IMF SDG Costing methodology to capture the unique characteristics and challenges of climate-vulnerable SDS. It also zooms into financing options, estimating domestic tax potential and discussing the possibility of accessing ‘climate funds.’
Series:
Working Paper No. 2021/062
Subject:
Climate change Education Environment Health Income Infrastructure National accounts
Frequency:
regular
English
Publication Date:
March 5, 2021
ISBN/ISSN:
9781513571577/1018-5941
Stock No:
WPIEA2021062
Pages:
54
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