To enable CDC to scale up its activity of investing and lending to support the building of businesses in developing countries, to create jobs and make a lasting difference to people’s lives in some of the world's poorest places. CDC is DFID’s main vehicle for investing in private companies in Africa and South Asia. CDC encourages capital investments from other private investors by being a first mover, demonstrating to other investors that commercial returns are possible in these frontier markets, and by sharing risk and expertise. The additional equity from DFID will enable CDC to meet demand for capital in its target markets and allow CDC to sustain a higher volume of more developmental investments across priority regions and business sectors
To reduce poverty in Kenya by enabling poor people to benefit from better functioning markets, and by building greater awareness among influential decision makers of how markets can work better for the poor. This will increase household incomes of 148,000 small scale farmers and entrepreneurs - of whom 33% are women - by an average of over 20% by 2018. 36,000 jobs for women and 73,000 for men and male youth will also be created.
Partnerships for Forests (P4F) aims to support the emergence of a new investment model in which the public sector, private sector companies and wider communities can achieve better returns from sustainable forestry and land use than they are able to from deforestation and land degradation. The main objective of the programme is to support a set of public-private partnerships (PPPs) and initiatives which demonstrate how the private sector can contribute to a reduction in rates of deforestation, as well as a range of related enabling activities to address the policy environment
To strengthen the effectiveness of growth enhancing public investment in Ethiopia in order to promote outward orientated, manufacturing-led inclusive growth. The project will finance the provision of technical assistance to Government of Ethiopia ministries and agencies linked to energy, trade logistics and urban development. The beneficiaries of the project will be the Ethiopian population through increased jobs and access to investment related services.
The Policy Development Facility Phase II (PDFII) is a £ 13.2 million flexible, rapid-response facility set up to support ‘champions of change’, to implement economic and social policies that lead to poverty reduction in Nigeria. PDF II began operations on 1st April 2015 and will run for five years, through to 31 March 2020 PDF II works primarily at the federal level (and potentially at the state level) supporting ‘champions of change’ who are primarily Ministers. Support is also provided to relevant National Assembly Committees, non-government actors such as NGOs and CSOs who pursue implementation of social and economic pro-poor policies.
Connecting governments with private and public sectors to offer technical assistance and grants to support new business models that can transform supply chains at risk from deforestation.
DFID country offices have a mature portfolio of business environment reform programmes that are delivering strong results – making it easier for firms to set up, grow and create jobs. But this portfolio is expected to expand as part of DFID’s scale-up of its Economic Development work – around half of DFID country offices cited the business environment as a barrier in their Inclusive Growth Diagnostics. BERF has been set up to help Country Offices to make this shift and to provide easy access to expert advice to help with programme design, start-up, monitoring and, if necessary, course correction. It will also help DFID learn and disseminate the lessons from its programmes more systematically, carry out policy research to help our understanding of how reforms really work, and develop innovative approaches for involving stakeholders in reform programmes. BERF has a budget of £7.8m and will run until January 2019. BERF offers a menu of services for Country Offices to choose from based on their needs, as set out under the 5 Activities below. These Activities were designed based on feedback from Country Offices on what would be useful and are intended to be as broad as possible. – BERF is funded by DFID’s Investment Climate Team and is being managed by Tim Green, Sim Paton, Carl Aaron and Gillian Mitchell. KPMG is lead contractor of the implementing Consortium consisting of DAI, Itad, Social Development Direct, Law and Development Partnership, Triple Line, McKinsey, The Policy Practice, Restless Development and a range of academic institutions and independent consultants.
International consensus is growing that climate change solutions must start in the land use sector. The Paris Climate Change Agreement has now been ratified by enough countries to enter into force, business and community leaders are committing to deforestation pledges in increasing numbers, and jurisdictional leaders are taking a leadership role on sustainable land use and agriculture. The Investment in Sustainable Land use programme addresses a key missing element – a pipeline of bankable investments in forests and sustainable land use. The programme is focused on convening companies and governments, building support for demand-side measures and generating momentum for improved enabling conditions), and the engagement of the technical assistance facility (TAF) management contractor, DFID aims to catalyse increased private investment in sustainable forestry and ‘zero-deforestation’ agriculture. The TAF, managed by Palladium and McKinsey & Company is termed Partnerships for Forests (P4F). The P4F has prepared a strategy for results monitoring and learning at the project and programme levels (P4F MEL Strategy). The LTS consortium acts as the evaluation manager. In this role, we work in a coordinated manner with P4F, DFID and relevant actors and stakeholders to create a fully coherent, overarching evaluation and learning framework, in which the programme’s objectives are translated - through a theory of change - into a validated planning and reporting structure from which evaluation questions, and associated indicators, can be formulated.
Raising tax revenues, tackling corruption, improving public financial management and accountability.
Reduce the transmission and impact of HIV/AIDS through support for prevention, care and treatment programs.