Aid for Trade Strategy for the Commonwealth (AFT)
Aid for Trade Strategy
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This document outlines an Aid for Trade (AfT) strategy for the Commonwealth, a group of 56 diverse nations. It highlights how global challenges like geopolitical tensions, economic slowdowns, supply chain disruptions, climate change, and significant cuts to Official Development Assistance (ODA) from major donors are creating a volatile environment.
These issues disproportionately impact the most vulnerable Commonwealth members, especially Least Developed Countries (LDCs) and Small Island Developing States (SIDS).
The proposed strategy emphasizes building resilience, embracing digital transformation, fostering integration, and providing targeted support to these vulnerable states, recommending a shift towards innovative funding and practical application of vulnerability metrics like the Universal Vulnerability Index (UVI) to ensure resources are effectively deployed in this changing aid landscape.
Briefing on the report (document link)
Commonwealth Aid for Trade Strategy (document link)
