Show Search Form

Search Results

registered interest	true false
date	exactly: or between: and
answering body
answering dept id
answering dept short name
answering dept sort name
hansard heading
house id
legislature	pref label
question text
tabling member constituency
tabling member printed
uin
answer	is ministerial correction true false date of answer exactly: or between: and answer text answering member constituency answering member printed question first answered answering member label
tabling member	label

Search

1217072

registered interest
date	23/06/2020
answering body	Department for International Development
answering dept id	20
answering dept short name	International Development
answering dept sort name	International Development
hansard heading	CDC
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for International Development, what arrangements have been made to amend the (a) shareholding in, (b) ministerial oversight of and (c) parliamentary scrutiny of the Commonwealth Development Corporation since the Prime Minister's announcement on 16 June 2020; when those arrangements will come into force; and whether legislative change will be required.
tabling member constituency	Cardiff South and Penarth
tabling member printed	Stephen Doughty
uin	63357
answer	answer is ministerial correction date of answer 29/06/2020 answer text <p>The PM has launched a government-wide review of the UK’s foreign, defence, security and development policy. As the UK’s Development Finance institution, wholly owned by the Crown, CDC will be part and parcel of this integrated review. The Crown’s shareholding in CDC is not expected to change. Ministerial oversight of CDC will continue to be exercised by the Secretary of State for International Development until September, at which time Ministerial oversight of CDC will pass to the Foreign Secretary as the Secretary of State responsible for the new Foreign, Commonwealth and Development Office. There will continue to be parliamentary scrutiny of CDC. It is not anticipated that the creation of the Foreign, Commonwealth and Development Office will require any legislative changes in relation to CDC.</p><p> </p> answering member constituency Rochford and Southend East answering member printed James Duddridge question first answered 29/06/2020 16:14:17 answering member 1559 label Biography information for Sir James Duddridge
tabling member	4264 label Biography information for Stephen Doughty

1125265

registered interest
date	08/05/2019
answering body	Department for International Development
answering dept id	20
answering dept short name	International Development
answering dept sort name	International Development
hansard heading	CDC
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for International Development, with reference to the joint response from the CDC group and DFID to the Independent Commission for Aid Impact’s recommendations on CDC’s investments in low-income and fragile states of March 2019, if he will publish the independent review of progress achieved against CDC’s strategic objectives before the end of its current strategy cycle.
tabling member constituency	Birmingham, Edgbaston
tabling member printed	Preet Kaur Gill
uin	252021
answer	answer is ministerial correction date of answer 13/05/2019 answer text <p>DFID will commission an external assessment in 2020 to evaluate results and learn lessons across all aspects of CDC’s current strategy (2017-2021). The review’s findings will be published.</p> answering member constituency West Worcestershire answering member printed Harriett Baldwin question first answered 13/05/2019 16:05:45 answering member 4107 label Biography information for Dame Harriett Baldwin
tabling member	4603 label Biography information for Preet Kaur Gill

663015

registered interest
date	20/12/2016
answering body	Department for International Development
answering dept id	20
answering dept short name	International Development
answering dept sort name	International Development
hansard heading	CDC
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for International Development, what steps her Department is taking to ensure that it maintains accountability and oversight of the use of public funds by the Commonwealth Development Corporation.
tabling member constituency	Bury South
tabling member printed	Mr Ivan Lewis
uin	58560
answer	answer is ministerial correction date of answer 09/01/2017 answer text <p>DFID is an active and engaged shareholder. Our influence over the strategic direction of CDC is evident from the changes that CDC has undergone over the last 5/6 years, in which we have played a key role.</p><p>DFID, as sole shareholder, sets the company’s investment policy – outlining which countries CDC should invest in, the types of investments it makes, and setting the performance targets CDC must reach. DFID appoints the Chair and certain other members of the Board, and holds the Board accountable for delivery of CDC’s five year strategy and for achieving the performance targets set in the Investment Policy.</p><p>Management has delegated authority from the Board to make investment decisions, meet corporate objectives and financial regulatory obligations.</p><p>DFID exercises shareholder oversight through close contact with both Board and management, including via Quarterly Shareholder Meetings held to review progress and performance (financial, development impact, risk management, investment pipeline forecasts) and Annual Meetings with the Board.</p><p>DFID’s oversight of CDC is scrutinised by the International Development Committee, the National Audit Office, UK Government Investments, the Treasury and the Public Accounts Committee. The National Audit Office recently described DFID’s governance arrangements as ‘thorough’ in its recent value for money study.</p><p> </p> answering member constituency Penrith and The Border answering member printed Rory Stewart question first answered 09/01/2017 16:57:43 answering member 4137 label Biography information for Rory Stewart
tabling member	441 label Biography information for Mr Ivan Lewis

659637

registered interest
date	15/12/2016
answering body	Department for International Development
answering dept id	20
answering dept short name	International Development
answering dept sort name	International Development
hansard heading	CDC
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for International Development, what steps the Commonwealth Development Corporation (CDC) has (a) taken and (b) plans to take to deliver the UK National Action Plan on Women, Peace and Security 2014 to 2017, published on 14 December 2016; and how progress will be measured on the CDC's delivery of that plan.
tabling member constituency	Preston
tabling member printed	Mr Mark Hendrick
uin	57817
answer	answer is ministerial correction date of answer 10/01/2017 answer text <p>The National Action Plan and accompanying Implementation Plan are intended to strengthen the UK’s ability to reduce the impact of conflict on women and girls and to promote their inclusion in conflict resolution. CDC’s investments help to address the root causes of conflict and promote stability via their impact on job creation and economic development, including for women.</p><p>CDC’s Code of Responsible Investing requires it to pay specific attention to the impact on women of its investment wherever it works but CDC does not have a direct role in conflict resolution or supporting women in conflict, so the Plan is not directly applicable and CDC is not included in the Implementation Plan for the NAP.</p> answering member constituency Penrith and The Border answering member printed Rory Stewart question first answered 10/01/2017 17:28:03 answering member 4137 label Biography information for Rory Stewart
tabling member	473 label Biography information for Sir Mark Hendrick

641338

registered interest
date	21/11/2016
answering body	Department for International Development
answering dept id	20
answering dept short name	International Development
answering dept sort name	International Development
hansard heading	CDC
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for International Development, what the (a) number and (b) value of re-capitalisations carried out by the Commonwealth Development Corporation was since the establishment of that Corporation.
tabling member constituency	Cardiff South and Penarth
tabling member printed	Stephen Doughty
uin	54036
answer	answer is ministerial correction date of answer 25/11/2016 answer text <p>The Government has equity invested in CDC totalling £1.5 billion. Since its establishment as a public limited company in 1999, CDC plc has received only one new capital injection worth £735 million in 2015.</p> answering member constituency Witham answering member printed Priti Patel question first answered 25/11/2016 16:18:54 answering member 4066 label Biography information for Priti Patel
tabling member	4264 label Biography information for Stephen Doughty

178194

registered interest
date	05/02/2015
answering body	Department for International Development
answering dept id	20
answering dept short name	International Development
answering dept sort name	International Development
hansard heading	CDC
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for International Development, how much CDC Group funding the Department has invested using Emerging Capital Partners.
tabling member constituency	Wakefield
tabling member printed	Mary Creagh
uin	223566
answer	answer is ministerial correction date of answer 10/02/2015 answer text <p>US$137.9m has been invested to date in funds managed by ECP.</p><p> </p> answering member constituency Putney answering member printed Justine Greening question first answered 10/02/2015 17:43:19 answering member 1555 label Biography information for Justine Greening
tabling member	1579 label Biography information for Mary Creagh

178195

registered interest
date	05/02/2015
answering body	Department for International Development
answering dept id	20
answering dept short name	International Development
answering dept sort name	International Development
hansard heading	CDC
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for International Development, how much CDC Group funding the Department has invested using Ethos.
tabling member constituency	Wakefield
tabling member printed	Mary Creagh
uin	223565
answer	answer is ministerial correction date of answer 10/02/2015 answer text <p>CDC has committed a total of US$30m to a fund managed by Ethos, of which US$21m has been invested to date.</p><p> </p> answering member constituency Putney answering member printed Justine Greening question first answered 10/02/2015 17:42:36 answering member 1555 label Biography information for Justine Greening
tabling member	1579 label Biography information for Mary Creagh