Latest content: Economic development

Business advisers develop skills at training programme to further help small and medium-sized enterprises in Ghana

The Commonwealth Secretariat and the World Bank have organised a high level expert meeting to discuss the current challenges facing small states and identify remedies to address them.

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<li>Food insecurity is one of the most pressing and difficult global challenges of our time. This is a profound concern for the Commonwealth – half of the world’s one billion hungry live in our nations. The global food crises of 2007 and 2008 and the ongoing volatility and uncertainty of world food markets underscore the need for sustained international engagement with the issue. The distressing humanitarian crisis in the Horn of Africa, most particularly in Somalia, and the drought, famine and famine-like situations occurring in other most vulnerable countries in the developing world highlight the difficulties we face.</li>
<li>Population growth will have a major impact on global demand for food.  Additional factors, including scarce land and water resources, the diversion of fertile land, the reduction in crop species and use of crops for non-food purposes, urbanisation, distorted markets, and climate change, are intensifying pressures on supply. The world’s poor and most vulnerable suffer most from food insecurity.</li>
<li>Commonwealth countries reaffirm the right of everyone to have access to safe, sufficient and nutritious food, consistent with the progressive realisation of the right to adequate food in the context of national food security.</li>
<li>Commonwealth member states affirm the important role that women, youth, farming and fishing communities, civil society, and the private sector play in sustainable development and the need for their effective involvement in driving climate-smart agriculture and the food security agenda.</li>
<li>The Commonwealth is uniquely placed to support global food security efforts through Commonwealth countries’ membership in all major global and regional forums that are engaged on this issue. Commonwealth countries therefore commit to use their membership of these forums to advocate the Perth Declaration on Food Security Principles to achieve outcomes that are relevant and meaningful to members.  Commonwealth members further commit to use the Perth Declaration principles as a guide to support domestic efforts to build food security.</li>
<li>The Perth Declaration principles reflect our shared approach to addressing the challenge of food insecurity and are focused on meeting the needs of the most vulnerable, particularly women and children. </li>
<li>The Perth Declaration principles on food security call for:</li>
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<li>coordinated and timely regional and global emergency relief efforts to deal with immediate crises;</li>
<li>undertaking decisive and timely measures to prevent crises occurring, mitigate their impact when they do and build resilience;</li>
<li>delivering practical measures over the medium-term to make agriculture, including irrigated agriculture, and fisheries more productive and sustainable;</li>
<li>strengthening support to government-led programmes and initiatives based on the spirit of effective partnerships;</li>
<li>development of country-led medium to long-term strategies and programmes to improve food security and ensure alignment of donor support to implementation of country priorities;</li>
<li>scaling up nutritional interventions, including those that target mothers and young children, and incorporating nutrition considerations into broad food security initiatives;</li>
<li>enhancing research and development over the longer term to build a sustainable agricultural sector, including through the promotion and sharing of best agricultural practices, in order to feed and nourish the people of the world;</li>
<li>strengthening fisheries and marine resource management in member states’ waters to ensure sustainability of these resources for national and global food security, including through addressing illegal unregulated and unreported fishing;</li>
<li>improving international market access for food producers, including smallholders and women, through trade liberalisation measures such as the elimination of tariff and non-tariff trade barriers and avoidance of restrictions on food exports;</li>
<li>addressing the impediments that are inhibiting economic opportunities for these important producers, including lack of affordable financing, local value-added and adequate infrastructure;</li>
<li>collaboration between international organisations, donor countries, and national governments to address production, storage, waste reduction, elimination of post-harvest losses, transportation and marketing challenges; this collaboration could include more effective ways of meeting infrastructure financing gaps that engage the private sector; and</li>
<li>improving the institutional framework for global food security efforts, including by supporting reform of the UN Food and Agriculture Organisation (FAO)</li>
<li>Commonwealth countries recognise that Africa has the potential not only to achieve food security but to become a significant net food exporter.  Leaders commit to supporting efforts and initiatives such as the Comprehensive Africa Agriculture Development Programme (CAADP), designed to realise the long term potential of Africa as a food producer and exporteTo support African agricultural production, Commonwealth countries have committed to direct action through major investments in agricultural productivity.</li>
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<li>Commonwealth countries recognise that Africa has the potential not only to achieve food security but to become a significant net food exporter.  Leaders commit to supporting efforts and initiatives such as the Comprehensive Africa Agriculture Development Programme (CAADP), designed to realise the long term potential of Africa as a food producer and exporter.</li>
<li>To support African agricultural production, Commonwealth countries have committed to direct action through major investments in agricultural productivity.</li>
<li>Commonwealth countries recognise the critical role played by national and international agricultural research in promoting and sharing agricultural technologies for enhanced crop yields, and undertake to deepen their cooperation.</li>
<li>Commonwealth countries also underline their critical role in managing and safeguarding a large proportion of the world’s fish stocks.</li>
<li>In advocating the Perth Declaration principles, Commonwealth countries acknowledge the central role played by the United Nations in global food security governance and commit to show leadership in the United Nations by supporting food and nutrition security initiatives.</li>
<li>Committed to using the collective Commonwealth voice to influence global action, Commonwealth members urge the UN Conference on Sustainable Development in Rio de Janeiro in June 2012 to commit to an ambitious programme of action to drive increased investment to boost sustainable global agricultural and fisheries productivity.</li>
<li>The Commonwealth, through its five G20 members, further commits to advocate for strong outcomes on food security at the G20 Cannes Summit, including to increase investment in appropriate agricultural technologies and sustainable productivity, to address market volatility and other market-distorting factors, and for food security, including fisheries, to be accorded a high priority within the forward G20 development agenda. </li>
<li>Recognising the ongoing critical food security needs, the Commonwealth welcomes the substantial contributions made by Canada, the UK and Australia in fulfilment of their L’Aquila Food Security Initiative commitments, and calls on countries that have not yet fulfilled their food security commitments to do so.</li>
<li>Commonwealth countries will continue to prioritise food security and will assess progress towards implementation of these principles on food security at the next Commonwealth Heads of Government Meeting in 2013.</li>
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A group of senior trade and investment officials responsible for designing trade-related investment policies and negotiating strategies will meet in the Ugandan capital, Kampala, from 20 to 21 October 2011.

“We are calling on the G20 to see themselves as trustees of the wider international community - fit to tackle global concerns and needs”

WASHINGTON DC, 21 September 2011: Commonwealth finance ministers, meeting in Washington DC on 21 September 2011, called on the international community to strengthen mutual accountability backed by transparency in delivery and use of aid, in order to make it effective in creating jobs, improving livelihoods and combating poverty.

Foreign ministers to prepare for CHOGM at their meeting in New York; finance ministers to meet in Washington DC

“New ways of raising funds for development, aid effectiveness and deepening relations with G20 to dominate agenda”

Commonwealth Secretary-General Kamalesh Sharma says common goals strengthen collaborative efforts for sustainable development

Most vulnerable countries face problems accessing climate change funds

Seminar strengthens capacity of drafting offices

Senior government officials from 46 Commonwealth countries and three regional organisations met in London from 6 to 8 July 2011 to discuss and agree to steps that need to be taken to sharpen and improve the delivery of the Commonwealth Secretariat’s development assistance.

Members of the Commonwealth and the Francophonie, including several developing countries from Africa, Asia-Pacific and Caribbean Regions, together with several G20 members of the two associations, met in Cape Town on 28th June 2011 to discuss the G20 Multi-Year Action Plan on Development. They received a presentation by South Africa, co-Chair with France and Korea of the G20 Development Working Group (DWG) on progress by the DWG; and welcomed the attendance and participation of a number of other G20 member countries and international organisations.

The Commonwealth Secretariat and the Organisation Internationale de La Francophonie (OIF) - two global organisations whose members include about 100 of the worlds’ poorest, smallest and most vulnerable countries, with a population of about 2.5 billion people, are seeking to provide a series of practical inputs to the development agenda of the G20 – a  Group of the world’s most advanced and emerging economies.

“There is an emerging dynamism on the African continent. Purposefulness and energy are the new face of Africa” – Commonwealth Deputy Secretary-General Ransford Smith

Sharma visits Antigua and Barbuda, Dominica, Jamaica and St Vincent and the Grenadines in official visit to the Caribbean region

Annual consultation to focus on investment aimed at women’s development and increased access to finance for women’s enterprise

Countries with deeper economic integration and regional co-operation are better able to pull resources together – Commonwealth Deputy Secretary-General, Ransford Smith

“We want the Commonwealth to be an association of authority and impact,” declared the Commonwealth Eminent Persons Group, in an interim statement issued at its third meeting in Malaysia on 26-27 January.

“We want the Commonwealth to be an association of authority and impact,” declared the Commonwealth Eminent Persons Group, in an interim statement issued at its third meeting in Malaysia on 26-27 January.

Outcomes Document

Officials and experts from Commonwealth countries most vulnerable to climate change will meet in Sussex, near London, from 23 to 25 January 2011, to explore practical ways of accessing, managing and using funds to tackle the potentially devastating effects of changing global weather patterns.