Question to the Foreign, Commonwealth & Development Office:

To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, with reference to his Department's press release entitled UK calls for fundamental reset of global financial system for developing countries, published on 14 October 2026, what proportion of private capital mobilised through UK-supported development finance has been (a) invested in commercially sustainable projects and (b) required ongoing public subsidy and financial guarantees.

Scaling up private capital mobilisation is essential for delivering the Government's priorities on inclusive growth and climate. UK-supported development finance seeks to mobilise private capital into investments which are commercially sustainable, or have a pathway towards commercial sustainability. His Majesty's Government development finance instruments seek to crowd in private investment that would not otherwise occur, whilst ensuring we avoid distorting markets.