A Bill to require the Secretary of State to publish proposals for increasing the on-lending of UK Special Drawing Rights via the IMF, for transferring the capital returned to the UK by the European Investment Bank to the World Bank, and for increasing the UK’s support for the African Development Bank, for the purpose of reducing debt burdens and the cost of capital and contributing to the implementation of the Paris Agreement on climate change.
This bill would require the Secretary of State to publish proposals for increasing how the UK lends out Special Drawing Rights (SDRs) via the IMF, move capital returned to the UK by the European Investment Bank to the World Bank, and boost UK support for the African Development Bank. The aim is to reduce debt burdens, lower the cost of capital for developing countries, and support climate action under the Paris Agreement.
The bill is at the 1st Reading in the House of Commons and has not yet moved to detailed scrutiny or further readings.
Generated 21 February 2026
The 2022-2023 session of Parliament has prorogued and this Bill will make no further progress.
No recorded votes for this bill yet.
