Trade and investment are proven means of reducing poverty, but the Government cannot rely on “trickle-down development”. Policies based on trade and investment must include the world’s poorest people. As the Government increases ODA spending through development finance, it is vital that such spending targets the poorest and is not just invested in middle-income countries where returns may be higher. The BII Impact Framework should be updated to include scoring based on the new World Bank defi...

Trade and investment are proven means of reducing poverty, but the Government cannot rely on “trickle-down development”. Policies based on trade and investment must include the world’s poorest people. As the Government increases ODA spending through development finance, it is vital that such spending targets the poorest and is not just invested in middle-income countries where returns may be higher. The BII Impact Framework should be updated to include scoring based on the new World Bank definition of extreme poverty of $2.15 a day, in addition to its current metric of $5.50 a day. The BII annual report should set out the proportion of invest Type: recommendation | Number: 18 | Paragraph: 94 | Response status: under_consideration Government response: FCDO is required by HMT to publish Outcome Delivery Plans for the forthcoming financial year. These coherent, published delivery plans set out how we will deliver our priority outcomes. The FCDO is currently in the process of developing