Development FInance

This week the Conservative government revamped our British development finance institution to deliver jobs and clean growth, as we build back greener from the pandemic and deliver on our pledges made at the COP26 Summit. 

  • Too many low and middle income countries have been laden with unsustainable debt – in need of a source of honest and reliable finance to drive clean growth and create wealth. 
  • That is why we are launching British International Investment (BII), which will help mobilise up to £8 billion a year of public and private sector investment in international projects by 2025.
  • This will create jobs and opportunities here in Britain, while also boosting economies across Asia, African and the Caribbean. It will help build a network of liberty across the world by building closer economic and development ties with our international friends and partners.

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