Kiribati is made up of 33 atolls, which occupy a vast area in the equatorial Pacific. With a population of approximately 123,000, Kiribati is one of the world’s smallest and most isolated countries, posing a number of economic and global trade integration challenges, including the lack of economies of scale and isolation from major markets. It also faces several developmental challenges that are further impacted by climate change and a lack of employment opportunities. Most of the atolls are very low-lying and at elevated risk from climate change-induced sea level rise.