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1235175
registered interest false more like this
date less than 2020-09-16more like thismore than 2020-09-16
answering body
Foreign, Commonwealth and Development Office more like this
answering dept id 208 more like this
answering dept short name Foreign, Commonwealth and Development Office more like this
answering dept sort name Foreign, Commonwealth and Development Office more like this
hansard heading CDC: Development Aid remove filter
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, how much Official Development Assistance was due to be transferred to the CDC in 2020 before the announced reduction of £2.9bn in the aid budget; and how much will be transferred to the CDC following that announcement. more like this
tabling member constituency Birmingham, Edgbaston more like this
tabling member printed
Preet Kaur Gill more like this
uin 91127 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2020-09-25more like thismore than 2020-09-25
answer text <p>ODA prioritisation has ensured we remain prioritised on poverty reduction for the 'bottom billion', as well as tackling climate change and reversing biodiversity loss, championing girls' education, UK leadership in the global response to COVID-19, and campaigning on issues such as media freedom and freedom of religious belief</p><p>The Government originally planned at the start of the year to invest £1,134 million Official Development Assistance (ODA) into CDC in 2020. Following the ODA prioritisation process, the Government decided to invest £650 million into CDC, which is 42% less ODA than initially projected. The FCDO have worked carefully with CDC to re-prioritise its investment activities this year in response to the challenges of COVID-19. The capital invested by the Government is focused on ensuring that CDC continues to take a targeted response that preserves, strengthens and helps rebuild economies across Africa and South Asia to mitigate the economic and health impacts of COVID-19.</p>
answering member constituency Rochford and Southend East more like this
answering member printed James Duddridge more like this
question first answered
less than 2020-09-25T13:18:37.303Zmore like thismore than 2020-09-25T13:18:37.303Z
answering member
1559
label Biography information for Sir James Duddridge more like this
tabling member
4603
label Biography information for Preet Kaur Gill more like this
1230885
registered interest false more like this
date less than 2020-09-02more like thismore than 2020-09-02
answering body
Foreign, Commonwealth and Development Office more like this
answering dept id 208 more like this
answering dept short name Foreign, Commonwealth and Development Office more like this
answering dept sort name Foreign, Commonwealth and Development Office more like this
hansard heading CDC: Development Aid remove filter
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty's Government how much CDC Group Limited invested in Official Development Assistance in (1) 2017/18, (2) 2018/19, and (3) 2019/20; and, for each year, what percentage of CDC Group Limited's investments this constituted. more like this
tabling member printed
Baroness Tonge more like this
uin HL7731 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2020-09-16more like thismore than 2020-09-16
answer text <p>Over the last three years, the Government has made capital investments in CDC Group Ltd totalling £2,086,000,000 to support the growth of companies in Africa and South Asia that create jobs and transform economies. 100% of the Government's investment scores as Official Development Assistance in the year it is allocated to CDC. A summary of the annual breakdown of these investments is as follows:</p><table><tbody><tr><td><p> </p></td><td><p><strong>Year</strong></p></td><td><p><strong>ODA Investment </strong> <strong>£m</strong></p></td></tr><tr><td><p>1</p></td><td><p>2017/18</p></td><td><p><strong>395</strong></p></td></tr><tr><td><p>2</p></td><td><p>2018/19</p></td><td><p><strong>736</strong></p></td></tr><tr><td><p>3</p></td><td><p>2019/20</p></td><td><p><strong>955</strong></p></td></tr><tr><td><p> </p></td><td><p> </p></td><td><p> </p></td></tr><tr><td><p><strong>Total</strong></p></td><td><p> </p></td><td><p><strong>2,086</strong></p></td></tr></tbody></table> more like this
answering member printed Baroness Sugg more like this
question first answered
less than 2020-09-16T15:18:07.81Zmore like thismore than 2020-09-16T15:18:07.81Z
answering member
4584
label Biography information for Baroness Sugg more like this
tabling member
200
label Biography information for Baroness Tonge more like this
1230886
registered interest false more like this
date less than 2020-09-02more like thismore than 2020-09-02
answering body
Foreign, Commonwealth and Development Office more like this
answering dept id 208 more like this
answering dept short name Foreign, Commonwealth and Development Office more like this
answering dept sort name Foreign, Commonwealth and Development Office more like this
hansard heading CDC: Development Aid remove filter
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty's Government how much investment in Official Development Assistance is in CDC Group Limited’s current investment plans; and what percentage of CDC Group Limited's planned investment this constitutes. more like this
tabling member printed
Baroness Tonge more like this
uin HL7732 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2020-09-16more like thismore than 2020-09-16
answer text <p>CDC's current investment plans cover the period of its five-year Strategic Framework 2017-2021. Across this period the Government has committed to invest Official Development Assistance (ODA) of up to a maximum of £3.515 billion to support the growth of companies in Africa and South Asia that create jobs and transform economies.</p><p>100% of the Government's investment scores as ODA in the year it is allocated to CDC.</p> more like this
answering member printed Baroness Sugg more like this
question first answered
less than 2020-09-16T15:18:24.153Zmore like thismore than 2020-09-16T15:18:24.153Z
answering member
4584
label Biography information for Baroness Sugg more like this
tabling member
200
label Biography information for Baroness Tonge more like this
1228139
registered interest false more like this
date less than 2020-07-28more like thismore than 2020-07-28
answering body
Department for International Development more like this
answering dept id 20 more like this
answering dept short name International Development more like this
answering dept sort name International Development more like this
hansard heading CDC: Development Aid remove filter
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty's Government, in view of the reduction in actual Official Development Assistance, what plans they have to re-focus money given to the Commonwealth Development Corporation on poverty, including education and universal access to sexual and reproductive health and rights. more like this
tabling member printed
Baroness Tonge more like this
uin HL7482 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2020-08-06more like thismore than 2020-08-06
answer text <p>CDC invests in the poorest countries in Africa and South Asia to support the growth of companies that create employment, help transform economies, and improve people’s lives, through the goods and services they produce and the local taxes they generate. In 2019, the businesses into which CDC is invested employed 875,790 people; sourced from 1.84 million farmers; and paid $3.3 billion in local taxes.</p><p>As part of its ODA prioritisation process, the Government looked across its ODA programming including CDC. We are investing significantly less capital into CDC than originally planned at the start of the year. Funding will be focused on ensuring that CDC continues to take a targeted response that preserves, strengthens and helps rebuild economies across Africa and South Asia to mitigate the economic and health impacts of Covid-19. Funding originally earmarked for CDC will be re-purposed to ensure we can continue to focus on delivering for the bottom billion including by prioritising girls’ education, climate change, essential health, sexual and reproductive health rights, while also responding to Covid-19.</p>
answering member printed Baroness Sugg more like this
question first answered
less than 2020-08-06T11:33:52.963Zmore like thismore than 2020-08-06T11:33:52.963Z
answering member
4584
label Biography information for Baroness Sugg more like this
tabling member
200
label Biography information for Baroness Tonge more like this