Committees

Investment for development: The UK’s strategy towards Development Finance Institutions

Inquiry

The International Development Committee launched an inquiry on Investment for Development: the UK’s strategy towards development finance institutions and the effectiveness of aid spending through British International Investment (BII). This inquiry assessed whether BII is best placed to deliver impact and value for the UK taxpayer, given that a greater proportion of the future aid budget will be delivered through BII.

In the report now published the House of Commons International Development Committee sets out the steps the UK’s development finance institution must take to improve oversight, transparency and accountability, after evidence that some investments do not have a clear poverty focus, are in conflict with the UK Government's policies or may actually have harmed society and the environment.

Read the Report: Investment for development: The UK's strategy towards Development Finance Institutions

Read the Government response: Investment for Development: The UK's strategy towards Development Finance Institutions

 

Reports, special reports and government responses

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Ninth Report - Investment for development: The UK’s strategy towards Development Finance Institutions
Inquiry Investment for development: The UK’s strategy towards Development Finance Institutions
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HC 884
Report
Response to this report
First Special Report - Investment for development: Government response to the Committee’s Ninth Report of Session 2022–23
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HC 367
Special Report
First Special Report - Investment for development: Government response to the Committee’s Ninth Report of Session 2022–23
Inquiry Investment for development: The UK’s strategy towards Development Finance Institutions
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HC 367
Special Report

Correspondence

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Correspondence from the Minister for Development & Africa relating to Clarification on BII Funding Eligibility for Overseas Territories - 20 December 2023
Inquiry Investment for development: The UK’s strategy towards Development Finance Institutions
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Correspondence
Correspondence to the Minister for Development & Africa relating to Clarification on BII Funding Eligibility for Overseas Territories - 5 December 2023
Inquiry Investment for development: The UK’s strategy towards Development Finance Institutions
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Correspondence
Correspondence from the Minister for Development and Africa regarding British International Investment (BII) Statutory Instrument - 20 June 2023
Inquiry Investment for development: The UK’s strategy towards Development Finance Institutions
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Correspondence

Oral evidence transcripts

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6 June 2023
Inquiry Investment for development: The UK’s strategy towards Development Finance Institutions
Witnesses Mr Andrew Mitchell (Minister of State for Development & Africa at Foreign, Commonwealth & Development Office)
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Oral Evidence
25 April 2023
Inquiry Investment for development: The UK’s strategy towards Development Finance Institutions
Witnesses Diana Layfield (Chair at British International Investment), and Nick O’Donohoe CMG (Chief Executive Officer at British International Investment)
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Oral Evidence
7 March 2023
Inquiry Investment for development: The UK’s strategy towards Development Finance Institutions
Witnesses Mr Stuart Bradley (Managing Partner at Phatisa Group Limited), and David Kuijper (Public Investment and Blended Finance Manager at FMO)
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Oral Evidence

Written evidence

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Foreign, Commonwealth & Development Office (BII0103)
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Bond (BII0107)
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The Corner House (BII0108)
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Other publications

No other publications published.

Contact us

  • Email: indcom@parliament.uk
  • Phone: 020 7219 1223 (general enquiries) |0207 219 8969 (media enquiries)
  • Address: International Development Committee, House of Commons, London, SW1A 0AA