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Lord Collins of Highbury (Lab)

Speaking in the House of Lords on 31 October 2024

Debate

International Engagements

Contribution

I do not accept that definition—we are not stepping back. We remain committed to restoring ODA spending to 0.7% of GNI as soon as fiscal circumstances allow, but, sadly, the OBR’s latest forecast shows that ODA fiscal tests are not due to be met within the Parliament. We will continue to monitor forecasts closely each year and will review and confirm, in accordance with the International Development (Official Development Assistance Target) Act 2015, whether a return to 0.7% for ODA is possible against the latest fiscal forecasts. As I say, next year’s spend and the year after’s will be some of the highest. I have said to the noble Lord, Lord Purvis, before that this Government are committed to ensuring that we have effective spend on ODA; it will be about the priorities in building that partnership. I have a strong view that, if we are to deliver the SDGs, it will be on the basis of a partnership of all aspects of society, including the private sector. We have to get investment back into Africa; we have to join that partnership and get jobs going. That is why I was at the Financial Times conference yesterday morning, focusing on how we can deliver partnership for growth across the African continent.

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