Oral Answers to Questions Debate
Full Debate: Read Full DebateNicholas Dakin
Main Page: Nicholas Dakin (Labour - Scunthorpe)Department Debates - View all Nicholas Dakin's debates with the Department for International Development
(11 years ago)
Commons ChamberThe UK is leading by example. We are taking action to put our own house in order on this issue. We have announced that the UK will introduce new rules that require companies to obtain and hold information on their beneficial ownership. That information will be held in a central, publicly accessible registry maintained by Companies House.
7. What progress has been made on the most recent replenishment round for the Global Fund to Fight AIDS, Tuberculosis and Malaria.
I am pleased to say donors have pledged $12 billion, which is an impressive 30% increase on the amount that was pledged at the 2010 replenishment conference, demonstrating global confidence in the fund. The global fund provides excellent value for money and delivers life-saving results on a global scale.
The significant increase in DFID’s contribution to the global fund to £1 billion will contribute to the scaling up of proven TB REACH programmes that are included in the national strategic planning process. We have reviewed the mid-term evaluation of TB REACH, which shows that it is effective and that it reaches very important populations. However, given that there are so many small projects, there are concerns about sustainability and about the ability to scale up. We will obviously keep that in mind.