Operationalizing the Multi-dimensional Vulnerability Index (MVI)
UN General Assembly Resolution 78/322 on the Multidimensional vulnerability index marked a pivotal milestone in recognizing vulnerability as a significant obstacle to sustainable development and achievement of the SDGs. The adoption of this text on 14 August 2024, following negotiations facilitated by Antigua and Barbuda and Portugal, signified a collective acknowledgment that vulnerability, and the challenges it presents, cannot be reflected through national income indicators alone, and that development assistance must better reflect exposure, resilience, and capacity to absorb shocks. The Multidimensional Vulnerability Index (MVI) framework consists of a global index which quantifies structural vulnerability and (lack of) structural resilience, for all developing countries and the vulnerability and country resilience profiles (VRCP) which allows for a more detailed diagnostic of the drivers of a country¡¯s vulnerability and where resilience weakens. The MVI framework can be a useful decision support tool to guide planning and investment by identifying where policy interventions are likely to deliver the highest returns, and strongest socio?economic outcomes. With the adoption of the MVI, attention must shift towards operationalization. In January 2026, the UN Secretary General announced the members of the MVI Independent Expert Advisory Panel. The Panel will prepare recommendations on future technical updates to the MVI to reflect new and emerging concepts of structural vulnerability and lack of structural resilience and their associated indicators, as well as new data. Further information on the Panel can be found in .
To date several steps have been taken to advocate for and advance MVI operationalization:
- Ensuring inclusion of appropriate language on the MVI in key UN intergovernmentally agreed texts, including the Agenda of Antigua and Barbuda for SIDS (ABAS), the Pact for the Future, the Sevilla Commitment, and the 2026 ECOSOC Forum on Financing for Development Outcome Document, as well as relevant UNGA Second Committee Resolutions.
- Side-events in the margins of intergovernmental meetings and conferences, including inter alia the Fourth International Conference on Small Island Developing States (SIDS4), the Fourth International Conference on Financing for Development (FfD4) and WBG/IMF Spring and Annual Meetings, promoted, among others, by Antigua and Barbuda, Portugal, UN DESA and UN OHRLLS;
- At FfD4 (30 June - 3 July 2025), together with the Pact for Prosperity, People and Planet (4P) Secretariat, Portugal, Spain and France endorsed the ¡°4P Roadmap for a Better Inclusion of Multidimensional Vulnerability ¨C For a Fairer, More Efficient and More Transparent Development Finance System¡±;
- In October 2025, the Small States Forum (SSF) convened its members, stakeholders and policymakers to discuss the draft WBG Small States Strategy on the sidelines of the 2025 Annual Meetings of the World Bank group and the International Monetary Fund (IMF). Members shared their strong support for the draft Strategy. A key element of these discussions was the call from many Small States for the consideration of the MVI in the implementation of the strategy;
- Pilot exercises to i) integrate the MVI into the performance-based allocation (PBA) formula of a vertical fund and ii) develop a methodology for and test the VRCP in country and to examine how the VRCP can inform the development of UN cooperation frameworks and country implementation plans.
This context presents a timely opportunity to reinvigorate the global vulnerability discourse and showcase early attempts at implementing the MVI. This one-day event serves as a strategic bridge between high-level intergovernmental mandates and implementation, to catalyze the next phase of the MVI¡¯s evolution.









