International Development Committee - Fifth Report
The future of CDC

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Here you can browse the report together with the Proceedings of the Committee. The published report was ordered by the House of Commons to be printed 15 February 2011.

Contents

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Terms of Reference

Summary

1  Introduction

2  The development rationale for CDC

The importance of private sector development

Development finance institutions

CDC

History of CDC

'Fund of funds' model

Comparative position of CDC

DFID's oversight of CDC

3  Development impact of CDC

CDC's development impact

Investment model

CDC's ability to leverage additional finance

Is CDC's funding additional to private capital?

The composition of CDC's portfolio

Geography

Sector

4  Remaining challenges

Implementation of CDC's Investment Code

Measuring development impact

Transparency

Use of tax havens

Remuneration

Actis

5  Reforming CDC

New investment model for CDC

Investment methods

Sectoral mandate

Geographical mandate

Improving CDC's development focus

DFID oversight of CDC

The new CDC

Conclusion

Annex 1

Annex 2

Annex 3

Conclusions and recommendations

Formal Minutes

Witnesses

List of printed written evidence

List of additional written evidence

List of Reports from the Committee during the current Parliament

Oral and written evidence

7 December 2010

14 December 2010

18 January 2011

Written evidence

Additional written evidence

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Prepared 3 March 2011