Overseas Aid: Research

(asked on 13th June 2019) - View Source

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

To ask the Secretary of State for Business, Energy and Industrial Strategy, how his Department has allocated its allocation of Official Development Assistance research and innovation funding.


Answered by
Chris Skidmore Portrait
Chris Skidmore
This question was answered on 18th June 2019

As per its funding settlement with HM Treasury, BEIS has allocated its research and innovation Official Development Assistance budget to two discrete funds: the Newton Fund, and the Global Challenges Research Fund (GCRF).

The Newton Fund has a total budget of £735 million (2014/15 – 2020/21) and supports science and innovation collaborations with 17 partner countries. The fund aims to promote the economic development and social welfare of either the partner countries or, through working with the partner country, to address the wellbeing of communities.

The GCRF is a funding stream that supports cutting edge research on global issues affecting developing countries. From 2016/17 to 2020/21, the GCRF will invest £1.5 billion in funding that harnesses the expertise of the UK’s world-leading researchers.

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