Global Challenges Research Fund

(asked on 9th March 2021) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what level of Official Development Assistance funding The Global Challenges Research Fund is planned to receive for the financial year 2021-22.


Answered by
Amanda Solloway Portrait
Amanda Solloway
Government Whip, Lord Commissioner of HM Treasury
This question was answered on 12th March 2021

The challenging financial situation we face due to the Covid-19 pandemic has resulted in a temporary reduction in the UK’s aid spending target from 0.7% of GNI to 0.5%. This means making difficult decisions when it comes to prioritising how we spend aid money to deliver the most impactful outcomes.

On Tuesday 26th January, my Rt. Hon. Friend the Secretary of State for Foreign, Commonwealth and Development Affairs, having concluded the Official Development Assistance (ODA) allocations of the Spending Review, issued a statement outlining each Department’s total ODA settlement for financial year 2021/22. BEIS was allocated £706 million, to be split between International Climate Finance (ICF) and Research and Development ODA, which includes the Global Challenges Research Fund.

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