The Labour party manifesto commits to spending 0.7% of gross national income (GNI) on overseas development assistance. It also commits to keeping the Department for International Development (DFID) separate from other parts of the British government. The manifesto sets out a radical agenda for reforming the UK's international development budget including:
- Turning CDC Plc, the UK’s development finance institute, into a Green Investment Bank mandated to fight poverty, inequality, and climate change;
- Creating a food sovereignty fund to help small scale farmers in the global south access land, seeds, and finance and uphold indigenous peoples’ rights to land;
- Increasing direct budget support to partner country governments to help finance public services;
- Establishing a new unit within DFID to support partner countries to deliver effective health and education services;
- Promoting fairer international patent regimes to improve access to essential medicines and ensuring that medicines developed using UK taxpayer funds are made accessible to people in the global south as soon as possible; and
- Providing more funding to grassroots women's organizations.