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 improve the lives of the Afghan people by providing financial support to improve the Government of Afghanistan’s capability to implement development projects and reforms. This will benefit people in all provinces of Afghanistan by improving access to basic services, infrastructure, governance and community representation. This contributes to MDGs 1-5 through a range of interventions, and will remain the main mechanism for coordinated donor support to Afghanistan for many years to come.
The aim of PIDG is to mobilise private investment in infrastructure, in order to increase service provision for the poor, boost economic growth, trade and jobs to alleviate poverty in the world’s poorest countries.
As announced by the UK government in September 2015, the UK Caribbean Infrastructure Fund will create critical economic infrastructure including: bridges; renewable energy; ports; water; and sea defences that will increase productivity and resilience to natural disasters and climate change. This fund aims to improve economic development in 8 ODA eligible and 1 ODA eligible Overseas Territory by helping to boost growth and creating jobs across the region.
To improve macro-economic stability and growth in Pakistan by providing the Government with financial aid and technical assistance in support of the International Monetary Fund Extended Financing Facility. This will benefit the people of Pakistan by establishing the conditions for faster and more equitable growth. This contributes towards our MDGs by enabling the Government of Pakistan to finance essential public expenditure and protect the poor from the adverse impact of structural reforms.
Improved Micro Small and Medium Enterprise access to appropriate financial services translating into higher economic benefits for state, and poor and marginalised groups, in Pakistan
To reduce the rate of diarrhoeal morbidity in children under five by increasing access to water, sanitation and hygiene for 3,755,000 people in the Democratic Republic of Congo
DFID is providing £757.3m over 23 years to catalyse the market for impact investment in Sub-Saharan Africa and South Asia, to improve the lives of at least five million poor and low-income people. Impact investments are those which have both a financial and social return by benefitting poor and low-income people through improved access to affordable goods and services and income generating opportunities. The Impact Programme has two components: investments and market building. CDC manages our investments through two funds. The first fund, the Impact Fund, launched in 2013 is a £305m fund of funds. The second fund, launched in 2015, is a £333m fund which makes direct investments into businesses that are highly developmental/transformative. Technical assistance is also being made available to the underlying investees. Our market building work (£30.5 million) complements our investments by providing the market infrastructure required for impact investing to scale.
The UK will provide up to £165m over 5 years in two phases of £82.5m. The programme will provide technical support on city and regional interventions in 3 focus countries, Burma, Uganda and Zambia resulting in increased inclusive economic growth and job creation. The interventions will help city economies to become more productive, deliver access to reliable, affordable, renewable power for businesses and households, and strengthen investment into infrastructure services, including from the UK.
A global programme supporting governance and market reforms aimed at reducing the illegal use of forest resources, benefitting poor forest-dependent people and promoting sustainable growth in developing countries.