Regional implications of the AGF recommendations: Small Island Developing States

This précis outlines the implications of the United Nations Secretary’s High-Level Advisory Group on Climate Finance (AGF) recommendations for Small Island Developing States (SIDS), focusing on the goal of raising US$100 billion per year for climate change investment in developing countries by 2020.

• Small Island Developing States (SIDS) face threats to their future development and require substantial new and additional resources for climate adaptation, as current investment levels are an insignificant fraction of what is needed.
• The AGF recognizes that grants and highly concessional loans are essential for adaptation in the most vulnerable developing countries, while private-sector opportunities exist in risk management via insurers and renewable energy investments, such as wind energy, through international carbon markets.
• Revenue sources like auctioning emission allowances and international transport levies may fluctuate based on carbon prices; the AGF suggests that to reach US$100 billion annually, emissions cuts must be deep enough to maintain a stable carbon price of US$20–25 per tonne.
• Because many SIDS are remote and dependent on tourism and international trade, levies on international transport could harm their development, necessitating compensation as recognized by the AGF.
• Singapore may have specific concerns regarding a financial transactions tax due to its status as a leading financial centre, although the AGF prioritizes international transportation over this source for raising revenue.

APA

Fankhauser, S., & Ward, J. (2010). Regional implications of the AGF recommendations: Small Island Developing States. Climate and Development Knowledge Network. http://cdkn.org/wp-content/uploads/2010/11/AGF-Implications-SIDS-CDKN-Precis.pdf

Chicago

Fankhauser, Sam, and John Ward. Regional implications of the AGF recommendations: Small Island Developing States. Climate and Development Knowledge Network, 2010. http://cdkn.org/wp-content/uploads/2010/11/AGF-Implications-SIDS-CDKN-Precis.pdf.

Wikipedia

{{cite report |last1=Fankhauser |first1=Sam |last2=Ward |first2=John |title=Regional implications of the AGF recommendations: Small Island Developing States |publisher=Climate and Development Knowledge Network |date=November 2010 |url=http://cdkn.org/wp-content/uploads/2010/11/AGF-Implications-SIDS-CDKN-Precis.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{fankhauser2010regional, author = {Fankhauser, Sam and Ward, John}, title = {{Regional implications of the AGF recommendations: Small Island Developing States}}, institution = {Climate and Development Knowledge Network}, year = {2010}, month = nov, url = {http://cdkn.org/wp-content/uploads/2010/11/AGF-Implications-SIDS-CDKN-Precis.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }