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Written question asked by Sarah Champion (Labour) on Wednesday, 13 July 2022, in the House of Commons. It was due for an answer on Wednesday, 20 July 2022 (named day). It was answered by Vicky Ford (Conservative) on Wednesday, 20 July 2022 on behalf of the Foreign, Commonwealth and Development Office.

Development Aid: African Development Bank

Question

To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, how much UK Government funding has been allocated through the African Development Bank in the (a) 2022-23 and (b) 2021-22 financial year; and which three programmes received the largest amount of such funding in each of those financial years.

Answer

In 2022-23, the Foreign, Commonwealth and Development Office (FCDO) provided £23.5 million to the African Development Bank as part of its 7th General Capital Increase (GCI7). We have provided £20.1 million to the African Development Fund (ADF), the Bank's concessional arm, under the Multilateral Debt Relief Initiative. We are also due to provide further funding to the 15th replenishment of the ADF later this financial year.

In 2021-22 the FCDO provided £35.4 million to GCI7 and £177.1 million to ADF15.

The above figures are core multilateral contributions to the African Development Bank. In addition to these core contributions, the FCDO has provided some bilateral funding to trust funds that are managed by the Bank, including Africa Disaster Risks Financing. In addition, at COP26, the PM announced that the UK is providing a Room to Run guarantee to the Bank that will enable it to provide up to $2 billion of additional financing over four years to support countries across Africa to tackle climate change.

We do not earmark our core multilateral funding to the Bank to particular projects.

Secondary information

Type
Written question
Reference
35953
Session
2022-23
Subjects
Development aid African Development Bank
Contains statistics
Yes
Link
View this Written question on www.parliament.uk