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Small States

Commonwealth Secretariat and Government of Azerbaijan launch funding for environmental resilience projects in SIDS, disbursing US$2 million

The Commonwealth Secretariat in collaboration with the Government of the Republic of Azerbaijan has launched two flagship projects under the COP29 Presidency - Commonwealth Fund for Small Island Developing States (SIDS), following the disbursement of an initial US$2 million from a US$10 million grant.
Read press release - Commonwealth Secretariat and Government of Azerbaijan launch funding for environmental resilience projects in SIDS, disbursing US$2 million

Commonwealth and global partners ramp up support for SIDS on the climate frontline

Small Island Developing States (SIDS) stand on the frontline of the global climate crisis, facing a convergence of environmental, economic and institutional challenges that disproportionately threaten their sustainable development pathways. Despite contributing minimally to global greenhouse gas emissions, SIDS have demonstrated strong climate ambition through their Nationally Determined Contributions (NDCs).
Read news - Commonwealth and global partners ramp up support for SIDS on the climate frontline

Blog: Building economic resilience in Commonwealth Small States through collective action

Blog by Dr Thomas Munthali, Commonwealth Secretariat’s Head of Economic Policy and Small States.

The year 2025 marked a defining moment for the global economy — and an especially consequential one for small and vulnerable states. As the world grappled with geopolitical tensions, trade fragmentation, energy transitions and tightening fiscal and financial conditions, uncertainty became the new normal. For small states, already navigating narrow economic bases and heightened exposure to external shocks, the stakes could not have been higher.

Yet 2025 was not defined by pressure alone. It was also a year that underscored the enduring strength of the Commonwealth family and the tangible value of working together.
Read news - Blog: Building economic resilience in Commonwealth Small States through collective action

Growth opportunity for Caribbean and Pacific businesses

Commonwealth Investment Network (CIN)

The Commonwealth Investment Network (CIN) fosters collaboration across a diverse ecosystem of local, regional, and international partners to identify, develop, and support investment opportunities in Commonwealth Small Island Developing States (SIDS). By engaging international financiers, facilitating knowledge exchange, strengthening local capacity, and delivering tailored technical assistance, the CIN works to enhance project bankability and unlock viable, climate-positive growth opportunities. The Network’s overarching objective is to mobilise private finance and technical expertise to help build resilient, inclusive, and sustainable island economies.

The Commonwealth Investment Network (CIN) is piloting a three-month accelerator programme for Commonwealth Small Island Developing States (SIDS) in the Caribbean and the Pacific.

Blog: From Brain Drain to Brain Gain: Unlocking diaspora finance in small states

This blog is authored by three experts from the Commonwealth Secretariat: Dr. Thomas Munthali (Adviser and Head, Economic Policy and Small States Economic Development, Trade and Investment Directorate), Tamara Mughogho (Economic Adviser, Economic Policy and Small States, Trade and Investment Directorate), and Dr. Ruth Kattumuri (Senior Director, Economic, Development, Trade and Investment Directorate).
Read news - Blog: From Brain Drain to Brain Gain: Unlocking diaspora finance in small states

From Brain Drain to Brain Gain

With the recent wave of socio-economic shocks that have impacted the economies of small states, scaling up access to finance remains crucial. Exploring untapped sources of financing is therefore imperative to help member states achieve their development targets, including the Sustainable Development Goals, and build resilient economies.
Read publication - From Brain Drain to Brain Gain