This week, the 2021 High Level Political forum (HLPF) kicked off virtually. This year’s theme is: “Sustainable and resilient recovery from the COVID-19 pandemic that promotes the economic, social and environmental dimensions of sustainable development: building an inclusive and effective path for the achievement of the 2030 Agenda in the context of the decade of action and delivery for sustainable development".
This theme hits home for SIDS, where the impacts of the pandemic have created a ripple effect, affecting every aspect of their development. SIDS do not have the luxury of time; and have been raising their voices during the HLPF, bringing the climate emergency, vaccine equity, access to finance, building forward differently and innovatively. As we are at a tipping point in our human history, we need integrated, bold, and intelligent choices by everyone, most importantly by decision makers, because these choices will define the wellbeing of people and planet for generations to come.
Right now, the greatest Achilles heel to the global economic recovery is the growing number of countries that are potentially facing debt distress. Moreover, few institutions have supported SIDS in mitigating the impact of the pandemic, with only 4% of available COVID-19 funding for developing countries being spent on SIDS. This call is being echoed in the official meeting taking place this morning, “Coming together to help Small island Developing States to get on a path to realize the SDGs” where high government officials reiterated the need for a metric that takes into account the multidimensional and cross-sectoral vulnerability of SIDS, and called for tangible and swift action to build resilience at speed and at scale.
Here are some ocean related highlights from this issue:
- More intense climate-related disasters threaten to sink Tuvalu in 30-50 years, how can inclusive consultation help build the resilience of its marginalized groups?
- Economia Azul: Guinea-Bissau seeks to unlock the potential of Blue economy for a sustainable green growth
- 9 SIDS considered as priority ecosystems of the newly endorsed 10-year Investment Plan by the Global Fund for Coral Reefs
- ADB to boost growth in 12 Pacific Island Countries with new US$ 1.34 billion portfolio
- NLA International's new report highlights global Blue Economy practices
- Planet Tracker Announces “Blue Bond” Dashboard for Investors
Read the full article here: https://mailchi.mp/75935db9accc/undp-sids-bulletin-issue-10383865