Aid by Sector
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.
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.
Enterprise and Assets Growth Programme
UK - Foreign, Commonwealth Development Office (FCDO)
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. EAGR programme will also contribute to the UK government commitment to respond to the challenges and opportunities of climate change by making green investments in SMEs within Pakistan which is an ODA eligible country.
Accelerating Investment and Infrastructure in Nepal
UK - Foreign, Commonwealth Development Office (FCDO)
To accelerate private investment and economic growth in Nepal by providing technical expertise to help Nepalese institutions develop major infrastructure; improve the business climate for domestic and foreign investors; improve the implementation of economic policy and test new approaches for local economic development. This will result in at least £600 million of private investment into growth-boosting sectors and a reduction by at least 10% in time or cost for at least five regulatory processes perceived as burdensome by the private sector.
Risk Pools Programme (RPP)
UK - Foreign, Commonwealth Development Office (FCDO)
To support a parametric (index-based) weather risk insurance pool that will provide participating African countries with predictable, quick-disbursing funds with which to implement pre-defined contingency response plans in the case of a drought.
India –UK Economic Cooperation Programme (ODA)
UK - Foreign, Commonwealth Development Office (FCDO)
This is a 3 year programme which will help India to implement its proposed economic reforms, climate and infrastructure development priorities, with a view to support its long-term growth objectives. It will provide expertise and support, primarily to Ministry of Finance, with some assistance expected to be provided to a small number of state governments and other Indian agencies. The programme will engage in areas where the UK is well-placed to make the greatest strategic impact: (i) private finance and reforms to the business environment; (ii) tax revenue mobilisation and public finance; and (iii) high quality, low carbon and resilient infrastructure. It will provide up to £1.5m ODA in technical cooperation in 2023/24, with funding allocations for the following two years to be confirmed, subject to a maximum of £4.5 million over 3 years.
India Infrastructure Policy Fund
UK - Foreign, Commonwealth Development Office (FCDO)
To help the Government of India to improve the policy and regulatory framework, and to create financing solutions for infrastructure projects, including by leveraging foreign investment in infrastructure. This will lead to at least 8 Public Private Partnership studies to enhance leveraging of private investment in the sector.
Climate Smart Jobs Programme
UK - Foreign, Commonwealth Development Office (FCDO)
To strengthen the climate smart agribusinesses, creating jobs, support climate smart land management & services and to remove barriers that stop businesses getting deals.
Disaster Risk Insurance
UK - Foreign, Commonwealth Development Office (FCDO)
To improve the resilience of the private sector in poor countries to natural disasters by improving access to insurance products. By supporting the development of a market for private sector disaster risk insurance in developing countries, the project will sustainably help strengthen resilience, mitigate the effects of climate change and supporting economic development through private sector growth.
Taskforce on Nature-related Financial Disclosures programme
Department for Environment, Food, and Rural Affairs
The UK government is contributing funding to support the establishment of the global, market-led Taskforce on Nature-related Financial Disclosures (TNFD), whose mission is to create a risk management and disclosure framework for organisations to report and act on evolving nature-related risks and opportunities, with the ultimate aim of incentivising a shift in global financial flows away from nature-negative outcomes and towards nature-positive outcomes.
A contribution to Financial Sector Deepening Africa (FSDA) the United Nations Development Programme Biodiversity Finance Initiative (Biofin) to support delivery of the Kunming-Montreal Global Biodiversity Framework.
Department for Environment, Food, and Rural Affairs
The programme will support low and lower-middle income countries to grow their economies in ways that help to protect and restore their natural capital and so drive sustainable economic development. It is designed to provide practical support to governments, businesses, and financial institutions to integrate nature into their economic and financial decision-making, understand and manage nature-related risks, and capitalise on growing opportunities to invest in their natural assets. As such, it will support low and lower-middle income countries to transition to nature positive, net zero economies and so protect the poorest communities. Through an integrated set of activities, the programme will deliver the following outcomes: • Private Sector Disclosure Readiness: private sector actors in low and lower-middle income countries – including financial institutions, businesses, and policy-makers - will have the tools they need to understand and manage nature-related financial risk. In particular, the programme will ensure that key institutions have the tools and capacity to respond to growing demand to disclose nature-related financial risk. • Integrating nature at country level: governmental and regulatory decision-makers in low and lower-middle income countries will have the knowledge, skills and data to design and implement policies and programmes that will help to manage nature-related risks, unlock new nature markets, and rebuild natural capital. • Action Plans for Nature: partner governments will develop clear and comprehensive plans to finance the protection and restoration of nature. These plans will act as platforms to mobilise and guide both public and private financial flows. • Evidence Sharing Mechanisms on Nature: better evidence will be available to, and used by, decision makers in low and lower middle-income countries to guide their work. The programme will help to build the evidence about how to best integrate consideration of the natural environment into economic and financial decision making. It will also help decision-makers in governments and the private sector to access and use that evidence easily by building communities of practice and robust approaches to sharing knowledge and information. The outcomes will support the implementation of the Kunming-Montreal Global Biodiversity Framework (KMGBF), agreed at the Convention on Biological Diversity (CBD) meeting COP15. As protection and restoration of critical ecosystems is also critical to tackling climate change, it will also support the UK goal to keep global temperature rises within 1.5c degrees.
Green Growth Nepal
UK - Foreign, Commonwealth Development Office (FCDO)
GGN will increase green, resilient, and inclusive growth by expanding investment in green industries and services, improving climate-resilient infrastructure, and strengthening sustainable economic policy and facilitating economic opportunities across Nepal. This will create prosperity while protecting the environment and the natural assets that underpin sustainable growth in Nepal.
Climate Finance Accelerator (CFA)
UK - Department for Business, Energy and Industrial Strategy
To accelerate the transformation of developing countries’ Nationally Determined Contributions into a pipeline of bankable projects, which have the potential to attract investment at scale from the private sector. The CFA will achieve this by facilitating ‘transaction-oriented’ workshops, convening project developers, policy makers and capital market players from participant countries with UK-based green finance experts.
Programme to support accountability and inclusion (Programme d'Appui à la Redevabilité et l'Inclusion) (PARI)
UK - Foreign, Commonwealth Development Office (FCDO)
This programme aims to increase the transparency, accountability and effectiveness of governance institutions at central level and in selected provinces to deliver better pro-poor services and support democracy and lasting stability in DRC.
Sudan Economic Impact and Reform (SEIR) Programme
UK - Foreign, Commonwealth Development Office (FCDO)
To support Sudan’s economic recovery and lay the groundwork for growth by i. Mitigating the impact of economic reforms on the poorest and most vulnerable through social impact mitigation programming. ii. Providing technical assistance (TA) to the Government of Sudan to lead and implement a successful economic reform programme in line with IMF guidance supported by a comprehensive, cross government Poverty Reduction Strategy. iii. Helping prepare the Government of Sudan for debt relief under the Highly Indebted Poor Country (HIPC) process so that in future it is able to access resources from International Financial Institutions (IFIs). The programme will support Sudan’s progress towards SDG1 – halving the numbers of people living in poverty – by reducing the risk of economic collapse and supporting Sudan’s economy to become a platform for future growth. Reducing inflation and arresting the collapse of the currency will alleviate the number of people requiring humanitarian aid.
British International Investment (BII) Programme of Support in Africa, South Asia, Indo-Pacific & Carib (2015-2027)
UK - Foreign, Commonwealth Development Office (FCDO)
To enable BII 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. BII is FCDO’s main vehicle for investing in private companies in Africa, South Asia, Indo-Pacific and the Caribbean. BII 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 FCDO will enable BII to meet demand for capital in its target markets and allow BII to sustain a higher volume of more developmental investments across priority regions and business sectors
India Challenge Enabling Fund (ICE)
UK - Foreign, Commonwealth Development Office (FCDO)
ICE will support innovations, build evidence, share knowledge and technical expertise as pilots or strategic interventions to support the objectives of the India-UK road map and the Country Business Plan through ODA funding that supports development in India. It will aim to co-design interventions with Indian and UK institutions – government, civil society, think tanks – on specific questions/areas that will inform state/central policies, unlock resources, and promote sustainable and inclusive outcomes.
Mauritius Multi-Sector Development Programme (MMDP)
UK - Foreign, Commonwealth Development Office (FCDO)
A multi-sector portfolio of flexible, small projects designed to be catalytic and to support the Government of Mauritius' implementation of its Vision 20230 development strategy, and advancing HMG global development priorities including on climate change, women and youth empowerment, and illicit financial flows. This small investment has the potential to be a discrete programme or as a foundation on which to build a more ambitious long term bilateral package.
CAFEF – Conflict-Affected and Fragile Economies Facility
UK - Foreign, Commonwealth Development Office (FCDO)
To increase growth, jobs and incomes in fragile and conflict-affected states globally by providing political risk insurance to facilitate more foreign investment, leading to reduced poverty and increased stability. This will result in up to $180 million of additional foreign direct investment and the creation of up to 1800 direct jobs.
Climate Public Private Partnership Programme (CP3)
UK - Foreign, Commonwealth Development Office (FCDO)
CP3 aims to demonstrate that climate friendly investments in developing countries, including in renewable energy, water, energy efficiency and forestry are not only ethically right but also commercially viable. It aims to attract new forms of finance such as pension funds and sovereign wealth funds into these areas by creating two commercial private equity funds of funds which will invest in subfunds and projects in developing countries, creating track records of investment performance which should in turn encourage further investments and accelerate the growth of investment in climate.
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