Extreme weather events, increases in temperature, and rising sea levels pose an imminent threat to Small Island Developing States (SIDS). SIDS are geographically remote, spatially dispersed, economically undiversified, with small domestic markets that are highly dependent on only a few rapidly growing urban centers; and thus, are highly prone to shocks and stresses, especially those from climate change and its impacts. In fact, onethird of the population of SIDS live on lands that are less than five meters above sea level, leaving them seriously prone to droughts and flooding that threaten their cities, economies, and infrastructures.
The Climate Investment Funds (CIF) has a long history of working with SIDS - understanding that small islands present the most urgent need for investment in capacity strengthening, adaptation strategies, and resilience building - and has been working with small islands to help them adapt to climate change and implement impactful climate action. Through concessional climate finance CIF ensures that funding reaches vulnerable communities through a programmatic approach that focuses on coordination, streamlined procedures, and resilience projects in line with national development priorities.