The U.K. Department for International Development is trying to improve how it works with the private sector.
At an event organized last month by Devex Impact at DfID’s headquarters in London, British Secretary of State for International Development Justine Greening recognized the agency doesn’t always engage with the private sector as well as it could — but is changing and working to determine how to do better.
WATCH:Greening: Engaging the private sector
Improved interaction with business is a part of DfID’s new development model, which focuses on providing aid through a variety of mechanisms including traditional grants, loans and other investments.
How aid is distributed will be tailored to a country’s place in the development pipeline, Greening said.
This is the second of a three-part series of videos from Devex Impact’s conversation with the U.K. development minister.
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About the author
Adva Saldinger@AdvaSal
Adva Saldinger is an Associate Editor at Devex, where she covers the intersection of business and international development, as well as U.S. foreign aid policy. From partnerships to trade and social entrepreneurship to impact investing, Adva explores the role the private sector and private capital play in development. A journalist with more than 10 years of experience, she has worked at several newspapers in the U.S. and lived in both Ghana and South Africa.
