Statement by the Micronesia Delegation on the theme: “Financing sustainable development in a changing global economy to accelerate implementation of the Sustainable Development Goals”

General Assembly, 81st session

Second Committee, 7th plenary meeting

New York, 8 October 2026                 

Mr. Chair,

Micronesia aligns itself with the statements delivered by the Alliance of Small Island States AOSIS).

As a Small Island Developing State, Micronesia remains committed to achieving the Sustainable Development Goals. However, progress is increasingly challenged by the impacts of climate change, economic shocks, geographic isolation, and limited access to affordable financing.

For countries like ours, sustainable development cannot be accelerated without addressing the persistent financing gap. The current international financial architecture must better reflect the unique vulnerabilities of Small Island Developing States. Traditional income-based criteria alone do not capture the realities we face, including climate risks, remoteness, and exposure to external shocks.

Micronesia therefore supports efforts to reform international financial institutions and expand access to concessional and climate finance. Financing mechanisms must be accessible, predictable, and responsive to the needs of vulnerable countries.

We also emphasize the importance of investing in climate resilience, renewable energy, food security, sustainable fisheries, and ocean-based economies. For Pacific Island countries, the blue economy presents significant opportunities to advance sustainable development while protecting the marine resources upon which our communities depend.

At the same time, international support must complement national efforts to strengthen governance, build local capacity, and promote sustainable economic growth.

Mr. Chair,

With only a few years remaining before 2030, the world must move from commitment to implementation. Accelerating progress on the Sustainable Development Goals requires stronger international cooperation, greater investment in vulnerable countries, and a development financing system that leaves no one behind.

Micronesia stands ready to work with all partners to build a more inclusive, resilient, and sustainable future for all.

I thank you.