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20th Replenishment of International Development Association

22 February 2022

Proposing MP
Elizabeth Truss Con
South West Norfolk
Type
Written Ministerial Statement
Department
Foreign, Commonwealth and Development Office
View on Parliament.uk -->

At a Glance

Issue Summary

The UK is announcing its pledge for the 20th Replenishment of the World Bank’s International Development Association (IDA20) and outlining changes in aid budget allocation.

Action Requested

The UK will reduce its IDA funding by 54% compared to the previous replenishment, focusing instead on bilateral programmes to better control how taxpayer money is spent. The Government will lay statutory orders for the House of Commons' consent before making financial contributions to IDA20.

Key Facts

  • The UK pledged £1,414 million to IDA20 in December 2021.
  • The UK will be the third largest donor after the US and Japan.
  • This funding supports COVID-19 vaccines, climate change initiatives, education for girls, and women’s economic empowerment.
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