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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

173442

	registered interest
	date	13/01/2015
	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, what budget her Department allocated to the CDC Group in (a) 2009-10, (b) 2010-11, (c) 2011-12, (d) 2012-13, (e) 2013-14, (f) 2014-15 and (g) 2015-16 respectively.
	tabling member constituency	Wakefield
	tabling member printed	Mary Creagh
	uin	220613
	answer	answer is ministerial correction date of answer 20/01/2015 answer text <p>The Department does not allocate budget to CDC Group plc (CDC) as CDC is a self-financing non-departmental public body.</p><p> </p><p> </p><p> </p><p>The Department has spent the following amounts for services provided by CDC in managing the DFID Impact Investment Facility Fund.</p><p> </p><p> </p><p> </p><table><tbody><tr><td><p><strong>2009-10 </strong></p></td><td><p><strong> 2010-11 </strong></p></td><td><p><strong> 2011-12 </strong></p></td><td><p><strong> 2012-13 </strong></p></td><td><p><strong> 2013-14 </strong></p></td></tr><tr><td><p>-</p></td><td><p>-</p></td><td><p>-</p></td><td><p>23,641</p></td><td><p>790,500</p></td></tr></tbody></table><p> </p> answering member constituency Putney answering member printed Justine Greening question first answered 20/01/2015 17:14:20 answering member 1555 label Biography information for Justine Greening
	tabling member	1579 label Biography information for Mary Creagh

92283

	registered interest
	date	26/09/2014
	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, if she will review CDC investment policy to determine if the requirement that investee companies have non-discrimination policies in place effectively addresses the inclusion of disabled people as employees, customers and service users.
	tabling member constituency	Ceredigion
	tabling member printed	Mr Mark Williams
	uin	209700
	answer	answer is ministerial correction date of answer 15/10/2014 answer text <p>CDC requires all of its fund managers and investee companies to apply and demonstrate progress towards the ILO core labour standards, including specifically ILO Convention 111 on Discrimination (Employment and Occupation). CDC investment policy states that non-discrimination (including disability) is a requirement for all investee companies.</p><p> </p> answering member constituency Putney answering member printed Justine Greening question first answered 15/10/2014 15:40:50 answering member 1555 label Biography information for Justine Greening
	tabling member	1498 label Biography information for Mr Mark Williams

62503

	registered interest
	date	18/06/2014
	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	2
	legislature	25277 pref label House of Lords
	question text	To ask Her Majesty's Government what is their assessment of the desirability of investments made by the CDC Group in the construction of shopping centres and gated communities.
	tabling member printed	Baroness Kinnock of Holyhead
	uin	HL432
	answer	answer is ministerial correction date of answer 30/06/2014 answer text <p>I refer the noble lady to the answer I gave on 19 June 2014 (Official Report, column WA90) to the noble Lord Steel.</p><p>“In 2013, CDC's 1,300 investee companies directly employed over a million people, and created more than 68,000 net new jobs.</p><p>Individual investments are fully decided by CDC and the Government has put in place strict rules which require commitments to deliver jobs, economic development and poverty alleviation in developing countries.”</p><p> </p> answering member printed Baroness Northover question first answered 30/06/2014 12:55:20 answering member 2539 label Biography information for Baroness Northover
	tabling member	3895 label Biography information for Baroness Kinnock of Holyhead

60538

	registered interest
	date	09/06/2014
	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	2
	legislature	25277 pref label House of Lords
	question text	To ask Her Majesty's Government whether they consider investment by the Commonwealth Development Corporation in luxury construction projects is consistent with the Department for International Development's overall objectives in developing countries.
	tabling member printed	Lord Steel of Aikwood
	uin	HL127
	answer	answer is ministerial correction date of answer 19/06/2014 answer text <p> </p><p>In 2013, CDC's 1,300 investee companies directly employed over a million people, and created more than 68,000 net new jobs.</p><p>Individual investments are fully decided by CDC and the Government has put in place strict rules which require commitments to deliver jobs, economic development and poverty alleviation in developing countries.</p><p> </p> answering member printed Baroness Northover question first answered 19/06/2014 16:29:55 answering member 2539 label Biography information for Baroness Northover
	tabling member	949 label Biography information for Lord Steel of Aikwood