Small Island Developing States (SIDS) are a heterogeneous group of islands that share some common features that make them economically, socially and environmentally vulnerable. Spread over four regions, namely the Caribbean, the Indian Ocean, West Africa and the Pacific, SIDS are particularly small, remote, insular and highly exposed to natural disasters and climate change risks. “Smallness” in terms of area, population and economies constitutes a key driver of vulnerability as it also implies small domestic markets with limited scope for exploitation of economies of scale; a narrow resource base leading to limited export opportunities; and the production of a narrow range of crops, minerals and manufactures which in turn leads to high dependence on imports (including food, fuel and manufactures). A high level of specialization in exports and dependence on imports increases exposure to global economic and financial shocks, including price volatility. Small economies and populations limit employment opportunities and can lead to high migration rates especially of skilled human resources and to a narrowing of the skill base. High migration rates can also generate a positive feedback through the remittances sent back by migrants. Meanwhile, insularity and remoteness are inherent to SIDS and contribute to heightening their vulnerability as remoteness, distance and isolation drive transport costs (UNCTAD, 2014, p.13).
10 Oct 2018 - In an update to the Lighthouse Initiative for Small Island Developing States (SIDS) and support in implementation and review of their nationally determined contributions, IRENA and other partners expand the focus to include geothermal energy and ocean energy.
23 Aug 2017 - Portugal is next month to sign cooperation agreements with other Portuguese-language countries and with Mediterranean and North Atlantic countries on the oceans, covering applied research programmes, ocean clean-up and sustainable fishing, the minister for the sea, Ana Paula Vitorino, announced on Tuesday.
18 Aug 2017 - The President of the United Nations General Assembly, H.E. Mr. Peter Thomson, will ring the Opening Bell of the Nasdaq Stock Market at its MarketSite Headquarters in Times Square, New York, on Monday, 21 August 2017 at 9:30 am EDT, to raise awareness on the urgency of measures required to improve the health of the Ocean.