Question to the Foreign, Commonwealth & Development Office:

To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, what recent assessment she has made of the impact of the World Bank’s International Development Association funding mechanism on promoting sustainable development.

The World Bank's International Development Association ('IDA') is an important partner for the UK and an important source of concessional finance to the world's poorest and least creditworthy countries.

In October 2021, at the World Bank's Annual Meetings in Washington DC, I discussed the UK's priorities for IDA, including the need for a greater focus on supporting women and girls, and pursuing a green recovery. In December 2021, the UK and other donors agreed a substantial IDA funding package of $93 billion over three years from July 2022 to June 2025. This includes strong commitments on getting girls back into school, tackling climate change, financing Covid-19 vaccines, and building clean and green infrastructure.