Source · Select Committees · International Development Committee
Recommendation 17
17
Accepted
Work with British International Investment to target investment at mitigating displacement drivers.
Recommendation
The FCDO should work alongside British International Investment ahead of its 2026 strategy refresh, including on how BII can place more emphasis on, and better target investment at, mitigating the drivers of displacement across fragile and conflict-affected states. (Recommendation, Paragraph 88) Localisation
Government Response Summary
The government agrees to work closely with British International Investment ahead of its 2026 strategy refresh, committing to explore a wide range of priorities including how BII's ambitions in fragile markets can further mitigate displacement drivers.
Government Response
Accepted
HM Government
Accepted
Agree We agree that the FCDO should work alongside BII ahead of its 2026 strategy refresh. We will work closely with them to explore a wide range of priorities. This will include consideration of BII’s ambitions in frontier and fragile markets, in line with its overall strategy and mandate to strengthen the private sector. BII is already a leader in investing in fragile and conflict-affected states (FCAS), with the largest FCAS portfolio of any European bilateral DFI. BII’s leadership in establishing the now multi-donor funded Africa Resilience Investment Accelerator (ARIA) platform helps to unlock investable opportunities that would otherwise not exist in frontier markets. BII investments support wider drivers of displacement through job creation, access to services and economic resilience. As detailed in our wider response, the FCDO will also continue to utilise other means to combat displacement directly.