Commonwealth Meridian is the new state-of-the-art public debt management system, an essential tool for debt managers and policy makers. Here Commonwealth business analyst Joanne Allin provides a guide to the software and what it can do.
Global uncertainties and tensions are escalating and affecting trade in every region. We see rising protectionism, while multilateral cooperation - including through the World Trade Organisation - is increasingly under threat. Meanwhile, the resilience of many smaller or less developed countries is being undermined by the impact of climate change and extreme weather unprecedented in living memory, together with other natural disasters.
The blistering pace of innovation in financial services has seen the emergence, in the past two decades, of an array of new technologies deployed into the market – and new companies using those technologies – in more than a hundred countries around the globe.
Personally, as a Bahamian, I thought I knew hurricanes. We all thought we did. Having lived through seven of them since 2000, we had a knowledge that came from hard-learned lessons. We thought we knew how to prepare, how to respond, and how to rebuild.
Since around 2010, the Commonwealth had been calling on the international community to look towards innovation. It was a period in which most of the memberships’ small and middle-income countries had become incapacitated with debt, whilst also facing the dire risk of more frequent and severe natural disasters.
Five months ago, Cyclone Idai ripped through the Southern African region, causing a massive humanitarian disaster that affected three million people. More than a thousand perished, while 200,000 lost their homes, many of whom are still to this day living in refugee camps.
By taking coordinated collective action, the nations of the Commonwealth can accelerate the mobilisation of international efforts that are the only hope if we are to prevent further detrimental human impact on the delicate natural balance of our planet.
A blog on climate change by Katie Blackman, a National Climate Finance Adviser deployed in Jamaica with the Commonwealth Climate Finance Access Hub.
Born out of the Commonwealth’s recognition of an SDG implementation deficit, the Commonwealth in collaboration with the Government of Malta and the Small States Centre of Excellence, will host the Commonwealth’s inaugural “Award for Excellence in SDG Implementation” on 26-27 June in Malta.
Today, citizens under 30 years old comprise 60 per cent of the Commonwealth’s population - a proportion that is ten per cent higher than the global average. These young people face significant health challenges and are disproportionately affected by rapidly growing rates of non-communicable diseases, neglected tropical diseases and the burden of out-of-pocket payments.