Collection

Prosperity programming: former Prosperity Fund programmes

Former Prosperity Fund programmes ('prosperity programming') aim to remove barriers to economic growth, promote economic reform and development to reduce poverty in partner countries.

From:
Cabinet Office, Department for International Development, Foreign & Commonwealth Office, HM Treasury, Department for International Trade, and Foreign, Commonwealth & Development Office
Published
7 March 2018
Last updated
14 July 2022 — See all updates

The Prosperity Fund, established in 2015 as a cross-government Fund, was overseen by the National Security Council. It closed on 31 March 2021 and prosperity programming transferred to the Foreign, Commonwealth & Development Office.

Prosperity is a main priority in the government’s Integrated Review of Security, Defence, Development and Foreign Policy, launched on 16 March 2021.

The Prosperity Fund aimed to promote systemic changes in partner countries through a number of large programmes from 2017 to 2018 onwards. Its programmes focus on either a number of issues within a specific country, or a crosscutting theme in multiple countries.

Multi-year programmes target larger opportunities that take more time to achieve, but offer higher benefits in countries with the highest potential for inclusive growth. As well as contributing to a reduction in poverty in those countries, the programmes create opportunities for international businesses including those from the UK.

All aid projects and programmes comply with the International Development Act 2002, the International Development (Gender Equality) Act 2014, the OECD Development Assistance Committee (DAC) criteria, and UK Government transparency commitments on ODA spend.

The programmes are split between 23 countries and across 12 sectors. See the 2019 to 2020 Prosperity Fund annual report for a breakdown of estimated spend across the Fund.

Prosperity Fund programmes on Development Tracker

These programmes are published on the Development Tracker website:

Foreign, Commonwealth & Development Office Prosperity Fund programmes

Programme summaries are available for programmes still in development. Programme business cases are available for programmes now implementing activity.

Prosperity Fund portfolio activity

HM Treasury Prosperity Fund programme

Published 7 March 2018
Last updated 14 July 2022 + show all updates

  1. Cross-Government Prosperity Fund Assessments and Official Development Assistance (ODA): FCDO International Programme spend objectives 2021 to 2022 added

  2. Updated as the cross-government Prosperity Fund closed on 31 March and prosperity programming transferred to the FCDO.

  3. Updated with Brazil Prosperity Fund programme.

  4. Link to Global Infrastructure Programme page added to collection documents. References to FCO and DFID programmes changed to FCDO.

  5. DevTracker links added for Digital Access Programme and Skills for Prosperity Programme

  6. New business cases added: Better Health Programme, Global Trade Programme, Global Anti-Corruption Programme and Indonesia Regulatory Reform Programme

  7. Added HM Treasury Prosperity Fund programme group

  8. Addition of Future Cities Business Case

  9. Added section for Department for International Trade and added link to 'The Investment Promotion Programme'.

  10. New programme information added.

  11. Added FCO programme summaries

  12. Global Environmental Business Programme added

  13. First published.

Contents

Related content