Financial intermediaries can deliver market expertise, but such investment vehicles can result in UK taxpayers’ money being used to reward intermediary agents in low- tax jurisdictions. In some cases, the onward investments made by intermediaries have rewarded businesses with weak or questionable links to development.

Financial intermediaries can deliver market expertise, but such investment vehicles can result in UK taxpayers’ money being used to reward intermediary agents in low- tax jurisdictions. In some cases, the onward investments made by intermediaries have rewarded businesses with weak or questionable links to development. Type: conclusion | Number: 15 | Paragraph: 82 | Response status: accepted Government response: Partially Accept The Government agrees that poverty reduction must be central to BII’s investment decisions. BII contributes to poverty reduction by making investments that align with its three strategic objectives: to support productive, sustainable, and inclusive development. The objectives are tr