18:16 Anneliese Dodds (Labour)

The shadow Minister asked about regional co-operation. A particularly important area is encouraging intra-regional trade and encouraging, for example, the integration of energy systems, which is becoming increasingly important in the light of the climate crisis. These are areas that have been examined.

The shadow Minister asked about the Caribbean. The fund will, absolutely, be focused on the Caribbean, which is really important. That is particularly the case when it comes to adaptation-focused investment. IDB Invest will be making 10% of its investments in the Caribbean, and 60% of its focus will be on pro-environmental and climate measures, including adaptation, which are particularly important for those countries and overseas territories that are being hammered by the impacts of the climate crisis right now.

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