Notice
Join the team for two back-to-back events.
Firstly, join for our panel discussion. Hosted by Prof Luis Franceschi, Assistant Secretary General of the Commonwealth, speakers include the Secretary General of the UN, Rt Hon Patricia Scotland, KC, and joined by Rt Hon Andrew Mitchell MP, Minister of State for Development and Africa, FCDO UK; Prof Nazia Habib, Ms Zoritsa Urosevic, Mr Thomas Ellerbeck, Dr Qu Dongyu and Ms Francine Baron. They will discuss "COMPASS: A New Strategy for Small States to Access Climate Finance" as an innovative pathway to support SIDS in securing climate and development finance.
The panel discussion will focus on challenges faced by Small Island Developing States (SIDS), who struggle to access finance needed for development and climate adaptation. Our panel of experts will discuss Cambridge-Commonwealth Common Pool Asset Structuring System (COMPASS) which has and will continue to help SIDS pool resources and governance to develop investable projects and access climate finance. COMPASS addresses the small size of SIDS economies and disproportionate climate change exposure, offers a collaborative governance approach for SIDS to jointly develop and market projects, and combines projects into investable portfolios.
Secondly, from 17.45, the Centre for Resilience and Sustainable Development (CRSD) led by Professor Nazia Habib, will partner with the Commonwealth Youth Network, represented by Ms Jodi-Ann Wang and Mr Nicholas Kee, to take the audience through an interactive Cambridge Policy Boot Camp on the following question: How does the Commonwealth Secretariat use the COMPASS model to secure $30-$50m of philanthropic and commercial investment that supports the sustainable growth of Kee Farms over the next 12 months?
During this section, we will:
- Identify untapped assets, unintended consequences and collective solutions to identify youth-focused sustainable financing for scaling up seaweed production initiatives developed by Kee Farms.
- Link this analysis to the broader COMPASS strategy.