Question to the Foreign, Commonwealth & Development Office:

To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, what discussions she has had with British International Investment on focusing on development impact in fragile and low-income countries.

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/