The SIDS Lighthouses Initiative: Progress and way forward report highlights the significant progress achieved in the energy transition among Small Island Developing States in 2023-2024. Key efforts in the period focussed on: supporting SIDS in implementing Nationally Determined Contributions (NDCs) to the Paris Agreement; promoting diverse renewable energy sources; expanding beyond power generation to other sectors; and fostering bankable projects with stronger private sector engagement. The report also highlights progress achieved in institutional capacity-building, as well as in enhancing synergies between renewables and energy efficiency, and linking energy efforts to key sectors like agriculture, health and water. Strengthening partnerships, improving data-driven decision-making and promoting socio-economic benefits – including job creation and gender equality – all remain central to accelerating SIDS' sustainable development and climate resilience.