High-Level Political Forum 2021 Side Event - 18:00 BST / 13:00 EST
The COVID-19 pandemic has re-energised the debate over the use of vulnerability indices in access to concessional financing. This joint side event by the Commonwealth Secretariat and the Government of Antigua and Barbuda will focus on the informal use of vulnerability indices in development financing decisions, and to achieve clarity as to why development financing institutions do not find it appropriate to use vulnerability indices formally.
The discussion is important for understanding how vulnerability indices influence the decisions of Regional Development Banks like the Asian Development Bank and the Caribbean Development Bank, as well as how does it determine the flow of financing from the European Union.
The side event will advance current discussions in two ways: