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1230885

registered interest
date	02/09/2020
answering body	Foreign, Commonwealth and Development Office
answering dept id	208
answering dept short name	Foreign, Commonwealth and Development Office
answering dept sort name	Foreign, Commonwealth and Development Office
hansard heading	CDC: Development Aid
house id	2
legislature	25277 pref label House of Lords
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.
tabling member printed	Baroness Tonge
uin	HL7731
answer	answer is ministerial correction date of answer 16/09/2020 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> answering member printed Baroness Sugg question first answered 16/09/2020 15:18:07 answering member 4584 label Biography information for Baroness Sugg
tabling member	200 label Biography information for Baroness Tonge

1230886

registered interest
date	02/09/2020
answering body	Foreign, Commonwealth and Development Office
answering dept id	208
answering dept short name	Foreign, Commonwealth and Development Office
answering dept sort name	Foreign, Commonwealth and Development Office
hansard heading	CDC: Development Aid
house id	2
legislature	25277 pref label House of Lords
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.
tabling member printed	Baroness Tonge
uin	HL7732
answer	answer is ministerial correction date of answer 16/09/2020 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> answering member printed Baroness Sugg question first answered 16/09/2020 15:18:24 answering member 4584 label Biography information for Baroness Sugg
tabling member	200 label Biography information for Baroness Tonge

1228139

registered interest
date	28/07/2020
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: Development Aid
house id	2
legislature	25277 pref label House of Lords
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.
tabling member printed	Baroness Tonge
uin	HL7482
answer	answer is ministerial correction date of answer 06/08/2020 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 question first answered 06/08/2020 11:33:52 answering member 4584 label Biography information for Baroness Sugg
tabling member	200 label Biography information for Baroness Tonge