What is SIDS DOCK?

It is an initiative among member countries of the Alliance of Small Island States (AOSIS) to provide the Small Island Developing States (SIDS) with a collective institutional mechanism to assist them transform their national energy sectors into a catalyst for sustainable economic development and help generate financial resources to address adaptation to climate change.

(Left to right): Hon. Maxine McClean, Minister of Foreign Affairs, Government of Barbados, Ms. Valerie Browne, Permanent Secretary, Division of Energy and Telecommunication, Office of the Prime Minister, Government of Barbados, and H.E. Ambassador Vince Henderson, Permanent Representative of the Commonwealth of Dominica to the United Nations and Chairman of the SIDS DOCK Steering Committee

It is called SIDS DOCK because it is designed as a “DOCKing station,” to connect the energy sector in SIDS with the global market for finance, sustainable energy technologies and with the European Union (EU) and the United States (US) carbon markets, and able to trade the avoided carbon emissions in those markets. Estimates place the potential value of the US and EU markets between USD 100 to 400 billion annually.