Financing resilient prosperity in SIDS
ODI at the WBG/IMF Spring Meetings
This event is part of a series of discussions ODI convened in Washington, D.C. during the week of the 2024 World Bank/IMF Spring Meetings.
Description
Small Island Developing States (SIDS) have achieved remarkable levels of growth in the past but suffer disproportionately from external shocks. Many are still reeling from the global financial crisis and the Covid-19 pandemic: coping with sluggish growth, insupportable debt burdens and insufficient – even declining – access to stable sources of financing. SIDS will be affected more rapidly and severely by global warming than any other group of nations. Resolving these momentous challenges, in an increasingly inhospitable and perilous world for SIDS, is both vital and daunting.
When SIDS Heads of State and Government and high-level representatives meet in St. John’s, Antigua and Barbuda from 27 to 30 May 2024, at the fourth International Conference on Small Island Developing States, to agree an agenda for the next 10 years, they will set out reforms needed in the international finance and debt architecture for sustainable development and resilient prosperity.
This event brings SIDS finance ministers together with International Finance Institutions and development partners to identify concrete actions needed to ensure this vulnerable group of countries can access the finance needed to cope with shocks, manage debt sustainably and advance towards resilient prosperity over the next decade.
Speakers
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Andrew Herscowitz
Executive Director, ODI North America
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Ed Mountfield
Vice President of Operations Policy and Country Services, World Bank
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Sarah Howard
Executive Producer, Twenty Twenty Studios
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Gail Hurley
Independent Advisor, Senior Researcher on Debt and Development Finance
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Manuela Francisco
Global Director of Macroeconomics, Trade and Investment, World Bank
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Mark Flanagan
Deputy Director of the Strategy Policy and Review Department, International Monetary Fund (IMF)
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Henry Mooney
Economics Advisor, Inter-American Development Bank
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H.E. Olavo Avelino Garcia Correia
Deputy Prime Minister of Cabo Verde
