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1505871

registered interest
date	07/09/2022
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	Development Aid: Asian Development Bank
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, how much funding her Department allocated through the Asian Development Bank in the (a) 2021-22 and (b) 2022-23 financial year; and which three programmes received the largest amount of such funding in each of those financial years.
tabling member constituency	Rotherham
tabling member printed	Sarah Champion
uin	49158
answer	answer is ministerial correction date of answer 30/09/2022 answer text <p>The core funding that the Foreign, Commonwealth and Development Office (FCDO) currently provides to the Asian Development Bank is to the Asian Development Fund (ADF), which provides grants to the poorest and least-creditworthy member countries that are at high risk of debt distress. The UK has pledged to provide £117.6 million to the ADF between 2021 and 2024. In Financial Year 2021-22, the FCDO provided £29.4 million to the ADF. A decision on our 2022 - 23 allocation is yet to be finalised.</p><p>The above figures are core multilateral contributions to the Asian Development Bank. In addition to these core contributions, the FCDO has provided some bilateral funding to trust funds that are managed by the Bank, including the UK Fund for Asia Regional Trade and Connectivity.</p><p>We do not earmark our core multilateral funding to the Bank to particular projects.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 30/09/2022 11:09:24 answering member 3991 label Biography information for Jesse Norman
tabling member	4267 label Biography information for Sarah Champion

1505872

registered interest
date	07/09/2022
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	Development Aid: Asian Development Bank
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, what performance targets his Department places on its spending through the Asian Development Bank.
tabling member constituency	Rotherham
tabling member printed	Sarah Champion
uin	49159
answer	answer is ministerial correction date of answer 05/10/2022 answer text <p>As part of the process of agreeing the Asian Development Bank's 12th Replenishment of the Asia Development Fund (ADF13), the Bank agreed a number of policy commitments and results targets with the UK and other shareholders. We monitor progress on delivering these commitments closely through the Board of Directors and meetings of ADF donors. For example, between 2019 and 2021, the Bank has supported with the Bank has supported with concessional finance, 4.7 million people to benefit from improved health services, created 70,000 skilled jobs for women, supported 165,00 women and girls to completing secondary or tertiary education or other training, and reduced CO2 emissions by 127,000 tonnes annually. We are also closely tracking the Bank's commitment to use at least 35% of ADF13 resources to finance climate change mitigation and adaptation.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 05/10/2022 09:00:55 answering member 3991 label Biography information for Jesse Norman
tabling member	4267 label Biography information for Sarah Champion