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Harry and Meghan will no longer rely on public funds for their royal duties and will no longer travel overseas on behalf of Her Majesty. They are still members of the royal family and will attend family events like Trooping the Colour when invited by the queen, according to a palace source.

Prince Harry is losing his military titles and patronages including Captain General Royal Marines, Honorary Air Commandant Royal Air Force Honington and Small Ships and Diving, Royal Naval Command: Commodore in Chief. It's a significant loss for a royal who served in Afghanistan during his time in the British Army.

Harry and Meghan initially proposed in a bombshell announcement released via Instagram and a new SussexRoyal.com website that they would simply \"step back\" as senior members of the royal family and work to become \"financially independent,\" but after high-stakes negotiations with Harry's family and palace officials, Meghan and Harry's exit from royal life became more stark.

\"What I want to make clear is we're not walking away, and we certainly aren't walking away from you,\" Harry said Sunday. \"Our hope was to continue serving the queen, the commonwealth, and my military associations, butwithout public funding. Unfortunately, that wasn't possible.\"

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A post shared by The Duke and Duchess of Sussex (@sussexroyal) on Jan 19, 2020 at 2:00pm PST

\"I've accepted this, knowing that it doesn't change who I am or how committed I am,\" he said. \"But I hope that helps you understand what it had to come to, that I would step my family back from all I have ever known, to take a step forward into what I hope can be a more peaceful life.\"

\"You've looked out for me for so long, but the media is a powerful force, and my hope is one day our collective support for each other can be more powerful because this is so much bigger than just us,\" Harry said. \"It has been our privilege to serve you, and we will continue to lead a life of service.\"

\"We are taking a leap of faith. Thank you for giving me the courage to take this next step,\" he said.

In a moment of levity in his speech, Harry also thanked supporters for the excitement they've shown for Archie, whom he said recently saw snow for the first time and \"thought it was bloody brilliant.\"

Archie and Meghan have remained in the Vancouver area of Canada while Harry has been in the U.K. negotiating their family's future. It is expected that Harry will join his wife and son soon, but he is still attending to royal duties in the U.K.

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A post shared by The Duke and Duchess of Sussex (@sussexroyal) on Dec 31, 2019 at 12:15pm PST

In addition to attending the Sentebale benefit Sunday, Prince Harry met with world leaders Monday at the U.K.-Africa Investment Summit hosted by the U.K. government. Harry and Meghan visited Africa last year in what appears to be, at least for the foreseeable future, their last official royal tour of a foreign country.

\"PHOTO:
Stefan Rousseau/Pool via Getty Images
PHOTO: Prince Harry, Duke of Sussex, speaks with British Prime Minister Boris Johnson as they attend the UK-Africa Investment Summit at the Intercontinental Hotel on Jan. 20, 2020 in London.
>

Harry is not expected to join an evening reception Monday night at Buckingham Palace for the summit hosted by his brother and sister-in-law, Prince William and Kate, the Duchess of Cambridge.

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