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  • Supporting small states

    The Commonwealth supports vulnerable small states through a range of initiatives, including advocacy to help them access funding for development projects and resilience profiling to identify development challenges and best-fit solutions

     

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  • Securing finance for climate action

    Climate change is reversing progress on poverty alleviation, economic growth and stability across the world and small states can suffer its impacts in a disproportional way. 

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  • Creating better trade opportunities

    The Commonwealth supports member countries to improve their export competitiveness and diversify exports. Through our expertise and assistance member countries secure better trade deals and make more effective use of financial and technical assistance for trade development.

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  • Financing for development

    The Commonwealth has a longstanding commitment to improve financing for development. We offer practical support to address debt and participate in innovative financing initiatives, to protect remittance flows, and for more inclusive and effective international tax co-operation.

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Economic Development

The Commonwealth is working with governments, international development partners, grassroots organisations and civil society to help both developing and developed countries enjoy economic growth and stability.

Many of our members are small and vulnerable and face challenges to finance basic public services, are burdened with high debt and have had limited success in securing the benefits of global trade.

Traditional sources of finance for these countries – such as taxation and development assistance – while critically important, are insufficient to meet these challenges.

The Commonwealth helps its member governments to equitably and sustainably manage their human, natural and economic capital, to bolster national resilience to economic and social crises, and to improve prosperity for all citizens.

International Trade Centre and Commonwealth Secretariat join forces to boost trade

The International Trade Centre (ITC) and the Commonwealth Secretariat will today sign a new agreement to encourage the establishment and growth of small and medium sized businesses, including those owned by women and young people.

Supercharging economic development through South-South collaboration

Commonwealth Secretary-General Patricia Scotland today announced that the Commonwealth Secretariat is to sign a new agreement with the United Nations Office for South-South Cooperation (UNOSSC),

Pacific leaders urge reshaping of key trade programme

Pacific leaders have urged the Commonwealth Secretariat to ‘reshape and extend’ the Hub and Spokes programme beyond its proposed closure in November 2018.

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