National dialogue on external financing and climate-resilient development

This event is part of a UN development Account project, which seeks to build capacities in four beneficiary SIDS - Belize and Saint Vincent and the Grenadines in Latin America and the Caribbean, and Cabo Verde and the Union of Comoros in Africa - to identify climate investment needs, align development priorities with external financing options, and design and implement innovative financing instruments that promote sustainable and climate-resilient development.

The event will take place in Moroni, with in-person participation from representatives of the government, the private sector, academia, civil society organisations, United Nations system partners, multilateral organisations, and other national experts.

Objectives

• Present the two main reports of the project:
  1. The financial strategy for mobilising climate finance, including through innovative financial instruments, to achieve sustainable and climate-resilient development while ensuring the external and public sector financial sustainability of Comoros;
  2. The detailed roadmap for implementing this financial strategy.
• Involve stakeholders in assessing the feasibility and coherence of the strategy and its roadmap, to ensure national ownership and alignment with other ongoing government initiatives.

Expected results

• Strengthening Comoros' capacity to design policies that mobilise accessible external financial resources for sustainable development that is resilient to climate change, while ensuring external and public sector financial sustainability.
• Awareness-raising and better understanding among stakeholders of the challenges associated with adopting innovative financial strategies adapted to the context of SIDS.
• Strengthened collaboration between the ECA, UNCTAD, the resident coordinator and the national government.