
A High-Level Panel was convened by the President of the General Assembly of the United Nations in 2022 to develop a Multidimensional Vulnerability Index (MVI). It is intended that the MVI, using a data-driven approach to define what it means to be vulnerable, will support an evidence-based approach to development policy and decision making, especially in the context of increasingly scarce external financing resources.
The report of the panel – proposes an index built by comparing countries’ vulnerability to external shocks to their resilience to those shocks. Where vulnerability factors can increase the risk of shocks, resilience factors can reduce their impact.
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