UN General Assembly
2023

Secondly. international institutions should embrace reform to ensure that the unique needs of vulnerable countries are considered in access to development financing. Seychelles firmly believes in the critical importance of adopting a multidimensional vulnerability index that fully responds to the needs of small island developing States (SIDS). Thirdly, we need to leverage effective financing mechanisms, such as impact investments, public private partnerships and debt relief, to yield greater results for development agendas such as Agenda 2063 and the forthcoming outcome of the fourth International Conference on Small Island Developing States in 2024. The Secretary-General’s SDG stimulus, aimed at transforming the global financial system, is commendable, and international financial institutions must collaborate to support our collective ambition for a sustainable future. Redressing those imbalances and advancing the SDGs will be achieved only if we work together.