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Member
Speaking in the House of Lords on 31 October 2024
Debate
International EngagementsContribution
The Foreign Secretary unveiled a plan of action to boost investment opportunities across all members, especially smaller and more vulnerable states that are bearing the brunt of the impacts of the climate crisis. In support of the plan, the Foreign Secretary committed seed funding for a new Commonwealth investment network to identify opportunities across the Commonwealth that public/private partnerships could unlock. In Samoa, he launched two new trade hubs to help female entrepreneurs access global markets, following my announcement at the World Bank. He announced measures to support Commonwealth partners to create a better environment for growth by supporting democratic governance, human rights and the rule of law. That is really important, because without targeted support, we run the risk of some within the Commonwealth missing out on economic development, at a time when we need everyone to be part of global growth.
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