§ The Earl of Sandwich
asked Her Majesty's Government:
What will be the United Kingdom's contribution to the International Development Association over the next three years; what percentage increases this will represent; and how this compares with other donors. [HL1528]
§ Baroness Amos
The United Kingdom will be contributing £1,430 million to the fourteenth replenishment of the International Development Association (IDA 14). This represents a 59 per cent increase over our contribution to IDA 13 (equivalent to a 83 per cent increase in terms of special drawing rights, the currency basket in which IDA replenishments are denominated). The increase will give the UK a 13.18 per cent share in the total replenishment. Shares for other major G7 donors are as follows:
Per cent USA 13.78 Japan 12.24 Germany 8.23 France 7.11
In addition, the UK has set aside a further £250 million over the IDA 14 period to support the World Bank in scaling up its development assistance to meet the Millennium Development Goals.