Their Future, Our Action and the COMPASS Model: A New Approach to Finance in Commonwealth Small Island Developing States

At this event, the Commonwealth Secretariat and the Centre for Resilience and Sustainable Development (CRSD) will unveil the final report for the Their Future, Our Action project.

The event will feature a distinguished panel that will discuss the Common Pool Asset Structuring Strategy (COMPASS), an innovative financial model designed to enhance the capacity of 33 Commonwealth Small Island Developing States (SIDS) to access sustainable finance and build resilient economies, with a particular focus on attracting funding for youth initiatives and biodiversity projects.

Developed through a two-year partnership between Cambridge University's CRSD and the Commonwealth Secretariat, COMPASS has engaged over 5,000 young voices and 600 experts, resulting in a solution that has already delivered a return on investment.

The COMPASS model aims to empower the Commonwealth's 1.5 billion young citizens by supporting youth projects and influencing global financial reform. Attendees will learn about COMPASS's potential impacts, including collaborations with the Commonwealth Youth Ministerial Conference and the UN World Tourism Organization (UN WTO).

Panellists

• The Rt Hon Patricia Scotland KC, Secretary-General of the Commonwealth
• HE Mr Paul Andrew Gomez, High Commissioner, The Bahamas High Commission London
• Prof Nazia M Habib, Founder and Director, Centre for Resilience and Sustainable Development, University of Cambridge
• Nahjae Nunes, Vice-Chairperson, Policy & Advocacy | Co-Chair, CHOGM International Youth Taskforce, Commonwealth Youth Council