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Written question asked by Sarah Champion (Labour) on Wednesday, 7 September 2022, in the House of Commons. It was due for an answer on Thursday, 22 September 2022. It was answered by Jesse Norman (Conservative) on Wednesday, 5 October 2022 on behalf of the Foreign, Commonwealth and Development Office.


Development Aid: Asian Development Bank

Question

To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, what performance targets his Department places on its spending through the Asian Development Bank.

Answer

As part of the process of agreeing the Asian Development Bank's 12th Replenishment of the Asia Development Fund (ADF13), the Bank agreed a number of policy commitments and results targets with the UK and other shareholders. We monitor progress on delivering these commitments closely through the Board of Directors and meetings of ADF donors. For example, between 2019 and 2021, the Bank has supported with the Bank has supported with concessional finance, 4.7 million people to benefit from improved health services, created 70,000 skilled jobs for women, supported 165,00 women and girls to completing secondary or tertiary education or other training, and reduced CO2 emissions by 127,000 tonnes annually. We are also closely tracking the Bank's commitment to use at least 35% of ADF13 resources to finance climate change mitigation and adaptation.


Secondary information

Type
Written question
Reference
49159
Session
2022-23
Subjects
Development aid Asian Development Bank
Link
View this Written question on www.parliament.uk