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My Lords, the prosperity fund’s primary purpose is to contribute to the UN sustainable development goals by addressing barriers to growth, most relevantly, but not exclusively, SDG 8—promoting sustained, inclusive and sustainable economic growth. Programmes undertake robust design and assurance processes demonstrating how they meet this purpose. Each has a clear reporting indicator...
As I have already said, the prosperity fund’s main focus is to support economic development, and in doing so we hope and are determined that this will have a big impact in reducing poverty. Extreme poverty has been reduced by 50% due to the increased focus on trade and economic growth, and while with aid we must help people in terrible conditions, we believe that by investing in activities...
The noble Baroness raises a very important point. Nobody wants to see children starve, and our aid budget and the agencies that we work with—the NGOs—are doing everything they can to get food to these children to ensure they do not struggle in this way.
Entered the House of Lords on 19 July 2010
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