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Background

Throughout the SIDS4 preparatory process, SIDS have affirmed their commitment to revitalize and diversify their economies. While recovery is vital, there needs to be special attention to inclusive growth which benefits local communities, including women, youth, and indigenous peoples.

Local empowerment unlocks the potential of communities to reinvent SIDS’ economies while embracing cultural heritage and indigenous knowledge.

Sports, creative industries, digital tools, and new approaches to tourism can open doors for SIDS if effective Public-Private-Community Partnerships are established. Lessons learnt over the past ten years provide evidence that digital technology and capacity building can generate benefits for communities, businesses, as well as governments in a sustainable way.

The session will explore how to link and grow economies in an inclusive manner to drive transformation and resilience.

Access to the concept note

Format

The session will comprise a panel discussion in the form of a moderated conversation. This will be followed by an open discussion where all participants are invited to engage.

Expected Outcomes

• Recognition of the potential for inclusive business models in SIDS.
• Understanding of opportunities for new sectors and new approaches in SIDS including for women and youths.
• Sharing of actionable strategies for inclusive growth in SIDS, including through Public-PrivateCommunity Partnerships.
• Insights into effective policy measures for SIDS governments and business support organisations that can drive economic inclusion. Partners Session 2 is co-created with the UN World Tourism Organization and the UN Fashion and Lifestyle Network.

Partners

Session 2 is co-created with the UN World Tourism Organization and the UN Fashion and Lifestyle Network.