United Nations
#OceanAction15043
Exploring financing approaches and mechanisms to promote sustainable development and the Blue Economy in Small States Developing States.
by OECD (Intergovernmental organization)
This commitment will support the efforts of Small island Developing States (SIDS) to develop their economies through the sustainable use of their vast oceans resources.

Having often limited domestic revenues and high debt which limits their access to additional loans, SIDS critically rely on concessional finance. Current OECD work on SIDS financing will quantify overall concessional flows to SIDS and explore financing approaches and mechanisms through with the international community can enhance the effective use of resources, catalyse new flows, and stimulate a more coordinated response to the financing needs to SIDS. This work will be published in an OECD report by the end of 2017 and will inform international, regional and country-level policy discussions with a view to promote more effective and catalytic use of concessional resources for sustainable development in SIDS.
Progress reports
14.7
By 2030, increase the economic benefits to Small Island developing States and least developed countries from the sustainable use of marine resources, including through sustainable management of fisheries, aquaculture and tourism
Type of commitment
  • Other : Economic benefits from the sustainable development of maratime resources (i.e. the Blue Economy)
December 2017
OECD Report on financing approaches and mechanisms to promote sustainable development and the blue economy in Small States Developing States.
Staff / Technical expertise
The OECD will provide expertise and human capital for the preparation of the report on financing approaches and mechanisms to promote sustainable development and the blue economy in Small States Developing States
Basic information
Time-frame: June 2017 - December 2017
Partners
Small Island Developing States
Ocean Basins
  • Global
Beneficiary countries
Other beneficaries
Contact information
Piera Tortora, Advisor, Development Finance , piera.tortora@oecd.org,
Paris, France
Other SDGs
United Nations