Select Committee · International Development Committee

Alternative Financing Options for International Development

Status: Closed Opened: 28 Feb 2024 Closed: 23 May 2024
Inquiry scopeFollowing on from the Committee’s report on British International Investment (BII), published in September 2023, the main purpose of this session was to increase understanding of the role of other British Investment Partnerships in reducing the finance gap and supporting the UK to help achieve the Sustainable Development Goals. Using three key finance instruments identified as case studies by the FCDO in the International Development White Paper, the Committee explored alternative financing options for international development by exploring the transformation of the development finance sector, the importance of private investors in delivering the SDGs, and the differences between the various investment organisations. This session also considered the use of financial intermediaries and transparency of the sector, the challenges that women face in accessing private finance, and how investment can tackle climate change and biodiversity loss.

Oral evidence sessions

1 session

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Date Session and witnesses Source
26 Mar 2024
Alternative Financing Options for International Development
Anne-Marie Chidzero · FSD Africa, Evie Aspinall · British Foreign Policy Group, Ian Mitchell · Centre for Global Development, Louise Walker · FCDO (MOBILIST Programme), Philippe Valahu · Private Infrastructure Development Group (PIDG), Romilly Greenhill · Bond
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Who gave evidence

6 witnesses

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WitnessOrganisationSessions
Anne-Marie Chidzero · Chief Investment Officer FSD Africa 1
Evie Aspinall · Director British Foreign Policy Group 1
Ian Mitchell · Co-Director, Europe and Senior Policy Fellow Centre for Global Development 1
Louise Walker · Head of Private Sector & Capital Markets Department FCDO (MOBILIST Programme) 1
Philippe Valahu · Chief Executive Officer Private Infrastructure Development Group (PIDG) 1
Romilly Greenhill · Chief Executive Officer Bond 1