1. Introduction

The year 2025 unfolded as a critical juncture for the global economy and development co-operation. As nations sought to sustain recovery amid ongoing geopolitical and trade tensions, energy transitions, policy tightening and fiscal constraints, small states found themselves navigating a world of both renewed opportunity and deepening uncertainty.

Small and vulnerable states continue to navigate an increasingly challenging global economic environment marked by persistent shocks, climate vulnerability, debt pressures and constrained fiscal space. For these countries, building economic resilience and achieving sustainable prosperity is not a choice, but a necessity. Against this backdrop, the Commonwealth Secretariat has responded with a fit-for-purpose Strategic Plan that is firmly focused on supporting member countries through practical, targeted and results-driven interventions.

This bulletin reflects on the strength of the Commonwealth family and the power of working together to deliver meaningful outcomes for small states. It highlights how collective action, shared expertise and solidarity are translating into real impact on the ground, and identifies a selection of interventions supported in small states in 2025 that are already making a difference – demonstrating innovation, adaptability and resilience. These interventions now require scaling up to deepen impact and extend benefits across the wider membership.


 

Acronyms and Abbreviations

ABIA

Antigua and Barbuda Investment Authority

CCD

Climate Change Division

CCFAH

Commonwealth Climate Finance Access Hub

CMMSS

Commonwealth Ministerial Meeting on Small States

COP

Conference of the Parties

DAE

direct access entities

EIF

Environment Investment Fund

EPSS

Economic Policy Small States (Section)

EV

electric vehicle

FDI

foreign direct investment

FfD4

Fourth International Conference on Financing for Development

GCF

Green Climate Fund

HACCP

Hazard Analysis and Critical Control Points

HLPF

High-Level Political Forum

CHOGM

Commonwealth Heads of Government Meeting

IMF

International Monetary Fund

ISA

International Seabed Authority

MEFT

Ministry of Environment, Forestry and Tourism

NDC

Nationally Determined Contributions

NNF

Namibia Nature Foundation

SIDS

small islands developing states

SMEs

small and medium-sized enterprises

SDG

Sustainable Development Goal

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