Cabo Verde Transition Finance Country Pilot
Rachel Morris,
Olivier Cattaneo and
Konstantin Poensgen
No 46, OECD Development Co-operation Working Papers from OECD Publishing
Abstract:
A transition finance country pilot was initiated by the OECD Development Assistance Committee (DAC) in partnership with the government of Cabo Verde. The study aims to capture the challenges facing Cabo Verde following graduation from Least Developed Country (LDC) to Lower Middle Income Category (LMIC), including the shifting financing for sustainable development landscape, the mounting risk of debt distress and the economic and environmental vulnerabilities as a Small Island Developing States (SIDS). In line with the Addis Ababa Action Agenda (AAAA), the pilot study proposes a new “ABC” approach targeted to assess all available sources of financing (ODA, OOF, private investment, domestic resources, and remittances), identify emerging SDG financing gaps and promote better alignment of resources with national financing for sustainable development strategies.
Keywords: 2030 Agenda; Addis Ababa Action Agenda; Cabo Verde; Debt sustainability; Financing for Sustainable Development; Integrated National Financing Frameworks; LDC graduation; LDCs; OECD DAC; SDGs; SIDS; Transition finance (search for similar items in EconPapers)
JEL-codes: E6 E61 F13 F24 F3 F34 F35 F4 F63 G2 H1 H2 H5 H6 I1 O1 O11 O2 O23 P45 Q2 Z32 (search for similar items in EconPapers)
Date: 2018-11-23
New Economics Papers: this item is included in nep-env and nep-mac
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Persistent link: https://EconPapers.repec.org/RePEc:oec:dcdaaa:46-en
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