Sunday, July 26, 2026

African island states seek stronger credit ratings for climate and blue economy finance

Experts, policymakers, and financial practitioners from across African Island States will gather in Mombasa on 12–13 June 2026 for a high-level workshop to enhance sovereign credit ratings and unlock access to sustainable climate and blue economy financing.

Jointly organized by the Economic Commission for Africa (ECA) and the African Island States Coordination Committee (AISCC) under the theme “Unlocking pathways to resilience: reframing risk and enhancing credit ratings for sustainable financing in African Island States”, the workshop will provide a platform to strengthen capacities in credit rating analysis, resource mobilization, and climate finance integration. It will be organised as a side event to Our Ocean Conference, scheduled for 16-18 June.

African Island States face a unique combination of structural constraints, including small domestic markets, geographic isolation, and heightened exposure to external shocks and climate risks. These factors significantly influence sovereign credit ratings. These, in turn, determine the cost of borrowing and access to global capital markets and innovative financing instruments such as climate and blue bonds.

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