Question to the Foreign, Commonwealth & Development Office:

To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, what steps she is taking to ensure British International Investment’s investments (a) are in addition to private sector finance and (b) reach low-income and marginalised groups.

As part of British International Investment's (BII's) Impact Framework, all transactions are assessed for their additionality, to ensure BII is not displacing the private sector. BII is also a leader amongst Development Finance Institutions in investing in the riskiest places with the highest development needs, making £880 million of new commitments in the poorest and most fragile countries in 2024 alone. Full details of BII's Impact Framework can be found on its website here: https://www.bii.co.uk/en/our-impact/