Description/achievement of initiative
The Small Island States Resilience Initiative (SISRI) is a multi-phase, global program established in response to calls by Small Island States for greater and more effective assistance to build their resilience to climate change and natural disasters. The goal of SISRI is to support Small Island States in reducing climate and disaster risks to their populations, assets, ecosystems and economies. The Initiative will fund priority investments for resilience and Technical Assistance, as well as building a strengthened knowledge base and developing a community of practice.
SISRI is structured according to a ‘Building Blocks’ framework based on accumulated experience of adaptation and disaster risk management in island contexts. The assistance will be• Programmatic: providing a stable and predictable long-term framework.• Results-based, with levels of funding linked to targets and measurable results;• Flexible, combining technical assistance, investment finance and support for institutional and policy frameworks; and• Global in scope, allowing for exchange of experiences across countries and regions facing similar problems.
Arrangements for Capacity-Building and Technology Transfer
Coordination mechanisms/governance structure
World Bank Group