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Meeting the Sustainable Development Goals in Small Developing States with Climate Vulnerabilities: Cost and Financing
Author:
Johanna Tiedemann
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,
Veronica Piatkov
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Dinar Prihardini null

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Juan Carlos Benitez
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Ms. Aleksandra Zdzienicka
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Series:
IMF Working Papers
Volume/Issue:
Volume 2021: Issue 062
Language:
English
Publication Date:
05 Mar 2021
DOI:
https://doi.org/10.5089/9781513571577.001
ISBN:
9781513575315
ISSN:
1018-5941
Pages:
54
Keywords:
Sustainable Development; Climate Resilience; Small Developing States.; WP; development goal; face difficulty; Growth-Climate Nexus; income group; Small Developing States; borrowing space; financial support; concentrate effort; face exposure; sectoral plan; private sector investment; Infrastructure; Income; Climate change; Global; Caribbean; East Africa; Middle East; North Africa
Legal-disclaimer:
IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
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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.’
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Cover IMF Working Papers
IMF Working Papers
ISSN:
1018-5941
Publisher:
International Monetary Fund