China: Caribbean

(asked on 12th June 2025) - View Source

Question to the Foreign, Commonwealth & Development Office:

To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, pursuant to the Answer of 15 May 2025 to Question 50064 on China: Caribbean, whether he plans to provide guidance to the Inter-American Development Bank on the financing of infrastructure in Caribbean nations as an alternative to Chinese state-backed loans.


Answered by
Catherine West Portrait
Catherine West
This question was answered on 25th June 2025

The UK is a shareholder of and supports the Inter-American Development Bank (IDB), the World Bank (WB) and the Caribbean Development Bank (CDB) in their work in the Latin America and Caribbean (LAC) regions, providing financial support for sustainable development and growth, including sustainable, resilient and inclusive infrastructure, to bolster climate resilience, advance citizen security and create economic opportunities to improve lives across the region.

The UK is a leading development partner within the IDB Group, exemplified by its flagship UK Sustainable Infrastructure Programme (UKSIP), a partnership between IDB and the UK. UKSIP supports countries in LAC to reduce emissions, adapt to climate change, ensure infrastructure and communities are resilient to its effects, and invest in cost effective nature-based solutions through technical assistance and blended finance investments.

IDB has robust and well-established policies and procedures in place. As one of the Bank's shareholders, we engage closely with the bank to help shape their strategies, policies and procedures.

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