Question to the Department for International Development:

To ask the Secretary of State for International Development, with reference to paragraph 10 of the explanatory memorandum to the Commonwealth Development Corporation Bill, what estimate she has made of market demand over Commonwealth Development Corporation's next strategy cycle.

As set out in the UN’s Global Goals, urgent action is needed to mobilise, redirect and unlock the transformative power of trillions of dollars of private resources to deliver on sustainable development objectives. Long-term investments, including foreign direct investment, are needed in critical sectors, especially in developing countries. CDC’s work is focused on mobilising capital for specific sustainable development priorities such as health, education and infrastructure, helping to fill the annual financing gap of $2.5 trillion needed every year and deliver against the Goals by 2030.