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Aid by Sector
The Global Innovation Lab - (Continuation of the Capital Markets Climate Initiative)
UK - Department for Energy Security and Net Zero
The Global Innovation Lab (the Lab) is a public-private partnership that brings together experts from Governments, investors and civil society to discuss and help understand the barriers to investment. It works to identify, refine, and launch innovative financial instruments to attract private investment in climate change mitigation and adaptation at scale. It aims to drive billions of dollars of private investment into low-carbon, climate resilient economies.
Supporting Inclusive Growth in Somalia (SIGS)
UK - Foreign, Commonwealth Development Office (FCDO)
SIGS programme is the UK’s flagship economic development programme in Somalia. Designed as a flexible and adaptive programme it will provide an immediate response to Covid19. It now has a stronger focus on remittances, supporting UK political leadership in this area, and, accelerated support to key Micro, Small and Medium Sized Enterprise (MSME) sectors including domestic food production and marketing. SIGS will deliver activities to 1. Develop and diversify businesses in approx. 4 high-value sectors. 2. Stimulate investment through developing the financial sector and related policy and or regulatory capacity. 3. Develop the evidence base on inclusive, sustainable, economic development in Somalia. SIGS will provide an essential policy and influencing resource for UK leadership on HIPC debt relief and or the associated reforms, including on the financial sector and counter terrorist financing.
Improving the management of public funds for the benefit of people in Myanmar
UK - Foreign, Commonwealth Development Office (FCDO)
To improve the use of public finances so that they benefit the people of Myanmar. The expected results include contributing to increasing tax collection from large tax payers by 40% by 2020. The UK will fund a World Bank led programme to work with the Ministry of Planning and Finance to improve their ability to manage public funds and the capacity of parliament to provide oversight of public spending. The programme will also separately support tax administration, fiscal decentralisation, social accountability, and Myanmar’s involvement in the Extractive Industries Transparency Initiative.
FSDA - Financial Sector Deepening Africa Platform
UK - Foreign, Commonwealth Development Office (FCDO)
To drive inclusive growth through a combination of grants and development capital investments that build financial markets and institutions. The programme delivers ambitious multi-country activities and focused, local interventions which seek to strengthen capital markets, promote financial innovation, and help Africa finance a greener future.
Productivity for Prosperity (P4P)
UK - Foreign, Commonwealth Development Office (FCDO)
Productivity for Prosperity is a sustainable economic transformation programme that will increase labour productivity and climate-resilience in Tanzania’s job-creating sectors. It will achieve this through private sector development (investment facilitation, trade facilitation and building capabilities of firms) and business environment reform (supporting proportionate and predictable regulation). P4P will dovetail with the UK’s external engagement and influencing activities in Tanzania. P4P will initially prioritise the agroprocessing and horticulture sectors, and will provide flexible support to bolster the UK’s current and future prosperity objectives.
Revenue Mobilisation, Investment and Trade Programme - ReMIT
UK - Foreign, Commonwealth Development Office (FCDO)
The programme, through provision of high quality technical assistance, aims to support Pakistan to implement reforms that lock in macroeconomic stability and improve conditions for high and sustained growth, mutual prosperity, job creation and poverty reduction. The TA will be provided to; • Strengthen tax revenue mobilisation, helping to raise Pakistan’s tax to GDP ratio from 13 percent to 18 percent by increasing the number of tax payers; • Address the investment environment challenges faced by local and UK businesses, moving Pakistan towards being one of the top 50 countries to do business in; • Facilitate trade and drive competitiveness, addressing barriers to trade in order to reduce Pakistan's trade deficit; • Modernise macroeconomic policy making and implementation process.
Tonga: International Programmes Support
UK - Foreign, Commonwealth Development Office (FCDO)
Support for Tonga's capacity building, human rights, democracy, health and welfare and climate objectives. These objectives support the poverty alleviation aims of ODA and our Country Business Plan Goals.
Zimbabwe Economic Stability and Transformation (ZEST) programme
UK - Foreign, Commonwealth Development Office (FCDO)
This programme will support reforms to improve the economic and business environment in Zimbabwe, in order to unlock Zimbabwe’s prosperity potential. This will help reduce poverty in Zimbabwe through putting the country on a pathway to economic development and job creation. It will also benefit the UK through fostering trade and investment links
Supporting Economic Empowerment and Development in the Occupied Palestinian Territories (SEED OPTs)
UK - Foreign, Commonwealth Development Office (FCDO)
This programme will focus DFID economic development assistance to the Occupied Palestinian Territories (OPTs) in the areas of water, electricity, access & movement and trade, and fiscal losses and customs. Programme activities will support institutional capacity building and infrastructure development, working closely with the Palestinian Authority and Government of Israel. The overarching goal is to support economic growth and job creation in the OPTs.
Corridors for Growth
UK - Foreign, Commonwealth Development Office (FCDO)
To increase Tanzania’s infrastructure for trade in three ways (i) Co-financing the Dar Port expansion together with the World Bank and Tanzania Port Authority will double port capacity and enable Tanzania’s entire trade volume to increase by two thirds. (ii) Project preparation funding for six more major regional transport projects are expected to catalyse up to £600m of development finance incorporating climate resilent design. (iii) Launching a new approach to Public-Private Partnerships will improve infrastructure in municipal areas and build capacity for larger PPP’s in the future.The programme is expected to reduce the costs of doing business in Tanzania, contributing to growth, more jobs and lower poverty. The short-term beneficiaries will be users such as traders, logistics providers and public citizens. International business including from the UK will benefit from better access to trade.In the medium to long run employment is expected to increase from indirect effects.
Jordan Investment & Economic Reform Advisory Programme
UK - Foreign, Commonwealth Development Office (FCDO)
Technical support to enable the Government of Jordan to conduct reforms designed to stimulate equitable economic growth, increase jobs and investment and reduce poverty.
GFP - Global Finance Programme
UK - Foreign, Commonwealth Development Office (FCDO)
Leverages the UK’s unique position as the world’s leading financial centre to increase access to finance for firms and individuals where beneficiaries are in developing countries, promoting shared prosperity through inclusive economic growth overseas, and the development of new markets in developing countries.
Manufacturing Africa - Foreign Direct Investment
UK - Foreign, Commonwealth Development Office (FCDO)
Manufacturing Africa helps drive the inclusive economic transformation needed to create jobs for the future and set countries on a trajectory out of poverty. It is expected to generate £1.2 billion of new Foreign Direct Investment in manufacturing sectors in Africa. It will do this by working with African Governments and international companies to facilitate new investments, such as by developing the business case for firms to undertake investment, or by supporting their negotiations with Government, and by addressing sector specific barriers preventing those particular investments from taking place. MA also aims to reduce carbon emissions from manufacturing through thought leadership as well as delivering technical assistance and supporting investments that facilitate climate change mitigation and or adaptation.
AgDevCo Ventures - targeting early-stage enterprises in the agriculture sector to scale up activities
UK - Foreign, Commonwealth Development Office (FCDO)
Programme design funds and investment capital for AgDevCo’s Venture Plus initiative which will target early-stage small and medium sized enterprises in the agriculture sector requiring between $1m and $4m to scale-up their activities. AgDevCo is a specialised investor and project developer focused exclusively on early stage agribusiness in Africa. AgDevCo deploys patient capital and technical assistance to build profitable businesses that contribute to food security, drive economic growth and create jobs and income in rural areas and contribute to farmers’ resilience to climate change.
M4D - Mobile for Development Strategic Partnership
UK - Foreign, Commonwealth Development Office (FCDO)
To work jointly with the industry group representing mobile phone operators worldwide, the GSMA, and its subsidiary Mobile for Development, to identify and support the development and use of new, innovative ways in which mobile phone technologies and mobile network infrastructure can be used to improve the reach, delivery and affordability of life-enhancing services to poor people in Africa and Asia. As a result of this work some 14 million poor people are expected to benefit from improved access to life enhancing services by 2020.
HiFi - Harnessing Innovation for Financial Inclusion
UK - Foreign, Commonwealth Development Office (FCDO)
To provide access to poor people to a broad range of financial services such as payments, savings, loans, and insurance by continuing to support piloting new ideas and approaches, and to support technical assistance regulators and commercial players for enhancing industry knowledge and practice about business models, pricing and design of financial products. Access to these services enables consumers to acquire productive assets, invest in health and education and make other purchases that enrich their lives.
Africa Food Trade and Resilience programme
UK - Foreign, Commonwealth Development Office (FCDO)
The programme will stimulate an increase in regional food trade in sub Saharan Africa (SSA), contributing to satisfying a growing food demand and to addressing food shortages through regional food production, processing and trade, and generating more rural jobs, climate resilience and income for farmers. The programme will: (i) work with companies that source, process, and trade food in the region, to maximise investment, coordination and benefits to smallholder farmers and (ii) contribute to improve the transparency and predictability of government policies to unlock regional food trade. By 2023, we expect the programme will increase income for 1.8 million farming families. DFID funding will de-risk and stimulate over £100 million in private sector investment aimed at enhancing smallholder farmers’ productivity and resilience.
Poorest States Inclusive Growth Programme
UK - Foreign, Commonwealth Development Office (FCDO)
To enhance economic value generated for the poor as producers, consumers and employees by investing in impact enterprises. This will benefit up to 30 enterprises and generate employment incomes of at least £10m.To ensure poor and vulnerable people in low income states (especially women) benefit from economic growth through better access to financial services, and investing in private sector projects that will benefit the poor as producers, consumers and employers. This will benefit 12 million low income households with improved access to financial services and upto 30 enterprises in attracting additional investments worth £56 million.
UK-India Global Innovation Programme
UK - Foreign, Commonwealth Development Office (FCDO)
This programme will accelerate delivery of the Sustainable Development Goals in South Asia and Africa by supporting transfer of inclusive Indian innovations, benefitting poor people, with a special focus on women and the disabled. The new programme will operate in specific countries in Africa - Ethiopia, Tanzania, Kenya, Ghana, Nigeria, Rwanda, Uganda and South Asia - Nepal, Bangladesh, Myanmar, Afghanistan. It will increase agricultural productivity and food security; address pressing health needs; provide potable water; clean energy; and technology for financial services; by prioritising these sectors. It will do this by deploying a more ambitious and comprehensive range of financial instruments compared to our existing programme, including investment and lending, to fund the development, transfer and scale up of innovations by Indian public, private sector and civil society organisations.
Innovative Ventures & Technologies for Development (INVENT)
UK - Foreign, Commonwealth Development Office (FCDO)
To encourage innovation amongst the private sector by provision of investment capital and business development services. To innovative enterprises in low income states of India for enterprises in developing countries by 2024. This will contribute to MDGs by benefitting 1 million individuals with improved access to affordable and efficient services in the Low Income States of India and Developing Countries.
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