Latest content: Economic development

As countries recover from the COVID-19 pandemic, and face the compounding challenges of global inflation, debt, climate change and sociopolitical scenarios, there is a need to explore new investment strategies to accelerate economic development, build resilience and balance competing environmental, economic and social pressures. In this context, the concept of Environmental, Social and Governance (ESG) as a framework for sustainable growth has gained new relevance. This paper discusses the potential benefits of ESG in terms of enabling sustainable economic growth in the Commonwealth, including possible technical assistance, capacity building and policy development on ESG for public debt management and improved public sector sustainability, including collaboration with International Financial Institutions financing standards.
Read publication - Environmental, Social and Governance Practices for Value Creation in the Commonwealth
This week, the Commonwealth Secretariat’s International Trade Policy team in partnership with The UK Department for Business and Trade held an event to reflect on the legacy of the Commonwealth Games and how businesses can continue to build on the relationships forged throughout the Games and the trade and investment opportunities available for businesses. 
Read news - Assessing the trade gains from the 2022 Birmingham Commonwealth Games
At their annual meeting held today in Washington DC, Commonwealth Central Bank Governors came together to discuss strategies to best work together to tackle inflation at a time when the global economy is facing excessive inflationary pressures driven by geopolitical tensions, coupled with the disruption in supply chain.
Read news - Commonwealth Central Banks Governors explore effective strategies for tackling inflation 
28 July 2022 to 28 July 2022
Webinar
Organised by the Commonwealth Secretariat, Enhanced Integrated Framework and the World Economic Forum, the thematic focus of the session is on solutions to build capacity for developing countries to engage fully and effectively in digital trade. This aligns most closely with the Global Review’s themes of “connectivity and empowerment” and “future priorities”.