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1060474
star this property registered interest false more like this
star this property date less than 2019-02-13more like thismore than 2019-02-13
star this property answering body
Department for International Development more like this
star this property answering dept id 20 more like this
star this property answering dept short name International Development more like this
star this property answering dept sort name International Development more like this
star this property hansard heading CDC: Poverty remove filter
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text What steps she is taking to ensure that new investments made by the CDC Group contribute to poverty reduction. more like this
star this property tabling member constituency Bradford East more like this
star this property tabling member printed
Imran Hussain more like this
star this property uin 909200 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2019-02-13more like thismore than 2019-02-13
star this property answer text <p>CDC invests to create jobs and reduce poverty. The five year Strategic Framework published in 2017 sets out steps CDC is taking to maximise the development impact of its investments. Almost 750,000 people are directly employed by companies supported by CDC in the poorest countries in Africa and South Asia.</p> more like this
star this property answering member constituency Portsmouth North more like this
star this property answering member printed Penny Mordaunt more like this
star this property question first answered
less than 2019-02-13T15:13:11.967Zmore like thismore than 2019-02-13T15:13:11.967Z
star this property answering member
4017
star this property label Biography information for Penny Mordaunt more like this
star this property tabling member
4394
star this property label Biography information for Imran Hussain more like this
663008
star this property registered interest false more like this
star this property date less than 2016-12-20more like thismore than 2016-12-20
star this property answering body
Department for International Development more like this
star this property answering dept id 20 more like this
star this property answering dept short name International Development more like this
star this property answering dept sort name International Development more like this
star this property hansard heading CDC: Poverty remove filter
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Secretary of State for International Development, what mechanisms her Department has in place to ensure that spending of public funds by the Commonwealth Development Corporation is focused on the reduction of poverty. more like this
star this property tabling member constituency Bury South more like this
star this property tabling member printed
Mr Ivan Lewis more like this
star this property uin 58567 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2017-01-09more like thismore than 2017-01-09
star this property answer text <p>We have radically transformed CDC over the last five years to ensure their investments are targeted where they are needed most and have greatest impact in the world’s poorest places.</p><p>Since 2012, all new investments made by CDC have been focussed on Africa and South Asia where 80% of the world’s poorest live, and where CDC investment can have the greatest development impact. All investments made by CDC are made in accordance with the Investment Policy agreed with DFID. This ensures that CDC invests responsibly and transparently, creating jobs and promoting good governance.</p><p>Through its Development Impact Grid, developed in conjunction with DFID, CDC is incentivised to specifically invest in the poorer countries and regions and across those sectors that have the highest propensity to create jobs, such as infrastructure, agribusiness and financial services. Creating jobs for the world’s poorest countries is a key driver in reducing poverty. In 2015, CDC-backed businesses helped create over a million new direct and indirect jobs (41% Africa and 59% South Asia).</p>
star this property answering member constituency Penrith and The Border more like this
star this property answering member printed Rory Stewart more like this
star this property question first answered
less than 2017-01-09T17:00:03.743Zmore like thismore than 2017-01-09T17:00:03.743Z
star this property answering member
4137
star this property label Biography information for Rory Stewart more like this
star this property tabling member
441
star this property label Biography information for Mr Ivan Lewis more like this