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International Development Association: Finance

Asked by Mr Gregory CampbellDemocratic Unionist PartyForeign, Commonwealth and Development OfficeTabled Answered 11 December 2024UIN 17513

The question

To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, how much he plans to allocate to the World Bank Group International Development Association replenishment fund in the next five years.

Answered by Anneliese Dodds

On 27 November, the UK made a pledge of £1.98 billion to the 21st replenishment for the International Development Association (IDA21). This is a 40% increase on the UK's contribution to IDA20 - and will support IDA in tackling poverty and addressing the impacts of climate change. IDA21 runs between July 2025 and ends by June 2028. We will engage closely with partners to identify policy and financing needs for future replenishments.

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