(6 days, 18 hours ago)
Commons ChamberWe continue to work with the members of the Quad, and with others across the international community. In our role as penholder we continue to engage with the international community, because we need to see a ceasefire and a political solution.
(6 days, 18 hours ago)
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I have a number of points to make, but I will come back once I have made them. On changing from donor to investor, a number of comments were made about British International Investment and other development finance institutions. These are central to the UK’s shifts. BII deploys patient capital to stimulate private-sector growth in developing countries, balancing financial returns with development impact. Indeed, we have seen our partnerships grow, such as with the Gates Foundation. Our co-investments with the Gates Foundation in breeding wheat with higher zinc and climate resilience have benefited more than 97 million people in Pakistan, positively impacting their health and quality of life. In Ghana, the UK is using its development relationship to support Ghana’s goal to move beyond aid. A Ghanaian textile factory financed by British International Investment has grown into one of west Africa’s largest, providing 6,000 jobs, mainly for women, and exporting garments globally.
It is of course the Government’s right to make whatever policy decisions and budget cuts they feel appropriate, but how are they planning to do the four priorities with a 25% cut in staffing and a £6 billion cut in the available money?
I will go through how we will take some of the priorities forward and some of the changes that we are seeing through our strategy. I hope that helps answer my hon. Friend’s question. I want to make a point about our investment in Gavi, of which we were a founding member under the last Labour Government. It has generated £250 billion in economic benefits through reduced death and disability. It is a partnership based on the UK’s world-leading expertise in not just funding but research.
From grants to expertise, that partnership comes up in conversations that I have with countries that I work with as Minister with responsibility for the Indo-Pacific. It is important in terms of how we are working to increase the expertise of partners, including the Bank of England, the City of London and the University of Cambridge. We are helping to train financial regulators across countries, and His Majesty’s Revenue and Customs’ partnership with the Ghana Revenue Authority used the UK’s expertise to increase Ghana’s tax revenue collection by £100 million last year—revenues that will help fund Ghana’s transition from aid.
I am conscious of time, but I will make a few further remarks. Reducing the overall size of our ODA budget will necessarily have an impact on the scale and shape of the work that we do. But we are sharpening our focus on three priorities, which match partner needs and the long-term needs of people in the UK, and are also in areas where we can drive real change. These priorities have been highlighted in this debate—humanitarian, health, and climate and nature—and they are underpinned by economic development. They will help maximise our impact and focus our efforts where they matter most.
I reassure the House that the UK will continue to play a key humanitarian role, including responding to the most significant conflicts of our era, in Ukraine, Gaza and Sudan. We will not let Sudan be forgotten. We are the third-largest bilateral humanitarian donor to Sudan, and in April we announced £120 million to deliver lifesaving services to over 650,000 people affected by the conflict.