Overseas Aid Debate
Full Debate: Read Full DebateLord Collins of Highbury
Main Page: Lord Collins of Highbury (Labour - Life peer)Department Debates - View all Lord Collins of Highbury's debates with the Department for International Development
(5 years, 9 months ago)
Lords ChamberTo ask Her Majesty’s Government in the light of recent press reports what plans they have to meet their statutory obligation to spend 0.7% of the UK’s GDP on overseas aid.
My Lords, I beg leave to ask a Question of which I have given private notice.
My Lords, the UK’s commitment to spend 0.7 % of GNI on aid is enshrined in law and has been reaffirmed by the Secretary of State for International Development in another place, the Chancellor of the Exchequer in his most recent Budget, and the Prime Minister on her recent visit to Africa. The aid budget is fully funded and we have firm plans in place to continue to meet that important commitment.
My Lords, last autumn, the Secretary of State acknowledged that public funds alone would not deliver on the sustainable development goals. Seeing 0.7% as the target rather than the baseline will not deliver either. The key to eradicating poverty globally is building public services that deliver health and education that are accessible to all; that will encourage greater economic activity and greater investment. The Minister has a proud record on overseas development as both a DfID and a Treasury Minister. I hope he will confirm that at next month’s spending review, there will be no attempt to renege on the UK’s commitment—enshrined in law, as he said—to spend 0.7% of the UK’s GDP on overseas aid.
I am very proud to give the noble Lord the commitment and reassurance that he seeks. The commitment to 0.7% was made by the international community way back in 1970; it was not actually introduced—under this Government, with our coalition partners—until 2013. I am immensely proud of that and we remain committed to it. His point about the SDGs is crucial. Achieving them by 2030, to which he and I are committed, will require some $3.9 trillion per year, according to World Bank estimates. Total global flows amount to some $150 billion. The only realistically possible way to bridge that gap in time is through leveraging and capitalising to get greater private flows through trade and development. We are very committed to that, but the commitment to 0.7% stands.