HYOGO FRAMEWORK COUNTRIES & REGIONS THEMES & ISSUES HAZARDS PROFESSIONAL RESOURCES
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Regional implications of the AGF recommendations: Small Island Developing States – special Issue

  • Publication date: 2010
  • Author(s): Fankhauser, Sam; Ward, John
  • Number of pages: 8 p.

This Special Issue brief outlines the implications of United Nations Secretary’s High-Level Advisory Group on Climate Change Finance (AGF) report recommendations for Small Island Developing States (SIDS). Among its key messages relevant to adaptation, it asserts: i.) The climate-investment requirements of the SIDS will primarily need to be met through grants from public sources, although private sources can complement these; ii.) SIDS will want to ensure that climate finance is disbursed according to need and not according to existing aid patterns.

Building on the Copenhagen Accord, the United Nations Secretary’s High-Level Advisory Group on Climate Change Finance (AGF) was set up in February 2010 to identify how industrialised countries could mobilise US$100 billion of resources per annum by 2020, to support climate-resilient development in the developing world. The Group consisted of 21 members, from the public and private sectors and from the developed and developing worlds. It was co-chaired by the Meles Zenawi, Prime Minister of Ethiopia, and Jens Stoltenberg, Prime Minister of Norway. Working through most of 2010, it has analysed a wide range of options for raising this money from both public and private sources.

Related Links

Keywords

  • Themes:Climate Change, Economics of DRR, Public-private Partnerships

  • Short URL:http://preventionweb.net/go/17333

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