The changing nature of UKAID-the Prosperity Fund

1. The changing nature of UKAID-the Prosperity Fund Ken Grant

2. Strengthening global peace, security and governance; Strengthening resilience and response to crisis; Promoting global prosperity; Tackling extreme poverty. UK Aid Policy 2015- four new strategic objectives Mott MacDonald | Seminar Series 3

3. What is the Prosperity Fund? The UK Government Prosperity Fund is a £1.2 billion programme (i) to promote economic reform and development in eligible partner countries, contributing to poverty reduction, global prosperity and (ii) creating opportunities for international business, including UK companies. A step change in HMG approach to overseas aid in support of economic prosperity. OFFICIAL

4. PF Rationale – numbers and principles 70 the percentage of the world’s poor, living in middle income countries 50the percentage of global growth that will be generated by MICs 50Article 50: the UK is leaving the European Union • Cross-Government approach • Impact • Value for Money • Official Development Assistance OFFICIAL

5. Global Programmes (Country list under development) Anti-Corruption: Brazil, Colombia, Indonesia, Kenya, Mexico, Nigeria, Pakistan Business Environment: Brazil, Indonesia, Nigeria, Pakistan, South Africa and Turkey Trade Programme: Brazil, China, India, Indonesia, Kenya, Malaysia, Mexico, Nigeria, Philippines, South Africa, Thailand, Turkey, Vietnam and other high priority countries as appropriate Infrastructure Capacity Building: Colombia, Indonesia and Vietnam Asian Infrastructure Investment Bank (AIIB): Asian ODA-eligible countries Concessional Export Credit: Possibly Kenya, Bangladesh, Burma, India, Pakistan, Nigeria, Vietnam Digital Access: Brazil, Indonesia, Kenya, Nigeria and South Africa Global Education Programme: TBC from Bangladesh, Brazil, Egypt, Indonesia, Malaysia, Mexico, Nigeria, Philippines, South Africa, Thailand, Vietnam Centre for Global Disaster Protection: Likely Bangladesh, Indonesia, Kenya, Pakistan and the Philippines. Global Health: Mexico, Brazil, SE Asia region Future Cities: Kenya, Nigeria, Turkey, Brazil, SE Asia region Prosperity Fund programmes in development China Prosperity Programmes: Phase I – Rule of Law (Business) Financial Services Energy and Low carbon Infrastructure Phase II – Health, Future Cities and Skills. Colombia Economic Opportunities Programme – Infrastructure, Agri-tech, Institutional Capacity Building India Economic Reform Programme – Financial Services, Energy, Business Environment, Infrastructure, Future Cities National Infrastructure Investment (NIIF) Mexico Prosperity Programme – Financial Services, Business Environment, Energy and Future Cities Indonesia Renewable Energy & Business Environment programme Brazil Prosperity Programme – Trade, Energy and Financial Services, Future Cities SE Asia Low carbon Energy programme and Economic Reform programme Recent additions: Turkey (country programme) Investment Promotion Programme: South Africa, Nigeria, Pakistan, India. Global Finance for Inclusive Growth: India, Pakistan, Bangladesh, South Africa, Nigeria, Kenya, Morocco and Lebanon. Education (top up of current programme to Nigeria and Kenya)

6. Health in the Prosperity Fund • Approx. £65 million • Framework agreement –but linked to exporting UK expertise • 9 countries- South Africa, Brazil, Mexico, Malaysia, Philippines, Thailand, Vietnam, Burma and Peru. • 4 Pillars – • NCD Strategy • Provider Quality Improvement • Digital Health • Education and Training

7. Separate China Programme • Primary and elderly care • Hospital reform • Improving life science policy