Source · Select Committees · International Development Committee
Recommendation 16
16
Acknowledged
British International Investment demonstrates strong track record investing in fragile states, mitigating displacement drivers.
Conclusion
The private sector can play a pivotal role in stimulating the economies of fragile and conflict-affected states. British International Investment has a strong track record of investing in difficult environments, particularly within fragile and conflict-affected states, helping to mitigate the drivers of displacement. (Conclusion, Paragraph 87)
Government Response Summary
The government recognises the importance of strengthening the private sector in fragile and conflict-affected states and welcomes the committee's recognition of British International Investment's strong track record in these contexts, affirming its role in mitigating displacement drivers.
Government Response
Acknowledged
HM Government
Acknowledged
We recognise the importance of strengthening the private sector in fragile and conflict-affected states (FCAS) and we welcome the Committee’s recognition of the role British International Investment (BII) in these contexts. BII has a strong and improving track record of investing in challenging markets, with the largest FCAS portfolio of any European bilateral Development Finance Institution (DFI). In 2024, 62% of BII’s new commitments were in Africa and 36% in Asia. BII’s investments support economic resilience, job creation, and access to essential services—indirectly contributing to the conditions that help mitigate displacement pressures. BII’s flexible capital and risk appetite allow it to invest in the riskiest markets and parts of the capital structure, supporting systemic change and catalysing private investment where others cannot.