Vulnerable economies must be supported with finance and practical aid to find long term solutions, says Jorge Moreira da Silva of Unops

The world has a “moral responsibility” to support the fight for survival being faced by small island states, according to a leading UN agency chief.

Ahead of the fourth annual conference of small island developing states (Sids) being held in Antigua and Barbuda this week, Jorge Moreira da Silva, the executive director of the (Unops), called for recognition of the problems faced by what he called “some of the most vulnerable economies in the world” who contributed less than 1% to global carbon emissions.

“Because of their unique circumstances and vulnerabilities, Sids face higher levels of debt distress than other developing countries,” said da Silva. “Over 40% of Sids are now on the edge of, or are already grappling with, unsustainable levels of debt. And with every major disaster, private external debt in Sids tends to rise. Between 2016 and 2020, Sids have paid in debt service 18 times more than what they received as climate finance.