Phil Stevens

International Finance Director, @FCDOGovUk

[Foreign, Commonwealth & Development Office @FCDOGovUK]

Partnership. Not paternalism.

With @GovernmentZA @CIFFchild & @BritishIntInv the UK will bring together governments, investors, tech innovators and civil society to reshape how we work together.

New coalitions. New investment.

This is what modern development cooperation looks like.

[Jenny Chapman @JennyChapman]

The UK is backing global organisations with proven results.

Great to discuss with new @WorldBank MD @Paschald how the @WBG_IDA Fund is unlocking £4 for every £1 we invest.

This supports 1.9 billion people affected by global challenges like #climatechange & conflict.

[Jenny Chapman @JennyChapman]

The UK is working hard to get more private investment into developing countries. This will create jobs, build trading partners for the UK, and tackle the causes of migration.

That’s our modern development approach in action - which I discussed with Bank Presidents today.

[Ilan Goldfajn @igoldfajn]

Great meeting today in London with @FCDOGovUK Minister Baroness @JennyChapman and fellow Multilateral Development Bank Heads. We discussed how MDBs have been working together like a system like never before since the 2024 Viewpoint Note, scaling up collaboration coordination in areas such as mutual reliance, co-financing, harmonized metric results, Credit Rating Agencies roundtables, GEMs expansion efforts, and in particular collaboration on private capital mobilization — including the originate to share models and innovative financial instruments.
----
Excelente reunión hoy en Londres con la ministra Baroness @JennyChapman de @FCDOGovUK y con otros presidentes de bancos multilaterales de desarrollo. Conversamos sobre cómo los MDBs han venido trabajando juntos, como un verdadero sistema, algo sin precedentes, desde la Viewpoint Note de 2024. Estamos ampliando la coordinación y colaboración en áreas como la confianza mutua, el cofinanciamiento, la armonización de métricas de resultados, las mesas redondas con agencias calificadoras, los esfuerzos de expansión de GEMs y, en particular, la colaboración para movilizar capital privado —incluyendo los modelos de originate to share y los instrumentos financieros innovadores.
----
Excelente reunião hoje em Londres com Baroness @JennyChapman, a ministra do @FCDOGovUK e com os outros chefes de Bancos Multilaterais de Desenvolvimento. Discutimos como os BMDs têm trabalhado juntos, como um sistema , algo sem precedentes desde a Viewpoint Note de 2024, ampliando a coordenação da colaboração em áreas como acordos de confiança mútua, cofinanciamento, resultados de métricas harmonizadas, conversas com agências de classificação de risco, esforços de expansão das GEMs e, em particular, colaboração na mobilização de capital privado — incluindo os modelos de “origenate to share” e instrumentos financeiros inovadores.

[Jenny Chapman @JennyChapman]

Today @LucyRigby and I spoke at the latest meeting of the Emerging Markets and Developing Economies Taskforce.

We’re making progress getting investment where it’s needed most supporting social justice and poverty alleviation across the world.

[V20 Finance Ministers @V20Group]

@TheCVF @WorldBank @MohamedNasheed @TheGlobalShield Mr. Phil Stevens, Director of International Finance of the UK: We launched the London Coalition on Sustainable Debt with the private sector to improve the role of private creditors in restructuring unsustainable debt. This makes the UK the first financial creditor to offer these.

[Jenny Chapman @JennyChapman]

I’m at the @WorldBank Annual Meetings to discuss how we can raise more private money for development.

I announced a new UK partnership with @IFC_org to unlock more investment into the places and people that need it most.

This is our new development approach in action.

[Makhtar Diop @Diop_IFC]

Great fireside chat with Baroness @JennyChapman of @FCDOGovUK on how we can mobilize more private capital for emerging markets—fueling jobs, growth, and opportunity. The UK is @IFC_org’s largest development partner and a key supporter of the @WorldBank Group’s securitization program (EMSP). #WBGMeetings

[Jenny Chapman @JennyChapman]

Together with @AfDB_Group, the UK is working to get more private finance into Africa to support economic growth.

I look forward to co-hosting the African Development Fund Pledging Conference alongside President Sidi Ould Tah.

[Henry Winter @henrywinter]

Son Heung-min leaves Tottenham Hotspur as a winner, as a club legend. Bilbao will never be forgotten. Son’s a bona fide Spurs great for the goals, assists and skills, for the commitment, leadership and for that European trophy. For the smiles, too. Son brought so much joy to Spurs fans with the way he played and with his sunny demeanour. He brought so much to the Premier League. 

Right decision to leave, Son’s 33 and slowing but inevitably a hugely emotional decision. Son’s been at Spurs a decade, 173 goals in 454 appearances and that record-making, goalscoring partnership with Harry Kane.

Son was creator and finisher, at his best unstoppable as he darted in from the left, all balance, burst of pace and touch taking him past defenders, opening up the shooting opportunity. Opponents knew what was coming but too often, too quickly Son was upon them and past them. He was also tough and, as a few full-backs discovered, could look after himself. 

Son leaves so many memories: that solo goal against Chelsea in 2018; that virtuoso goal against Burnley in 2019, beating seven players (voted Match of the Day’s Goal of the season and FIFA Puskas award); and so determined he played with a fracture to his arm and still scored twice against Villa in 2020.

Son scored four goals in one game against Southampton and twice in a 6-1 rout of United at Old Trafford, both in 2020. He celebrated a century of PL goals in trademark style against Brighton in 2023, cutting in from the left and rifling a shot in; even scoring direct from a corner against United in 2024. 

Accolades include PL Team of the Year 20/21, PL Golden Boot winner 21/22, three-time Spurs Player of the Season, and, most memorably, Europa League-winning captain. Good luck to Son in his next adventure, in MLS or wherever. #THFC

[Jenny Chapman @JennyChapman]

Natural disasters can be devastating.

By putting finance in place before disasters strike, help can reach communities immediately in moments of crisis.

Today at #FFD4 the UK with our partners have launched a global coalition to scale up pre-arranged finance tenfold by 2035.

[Phil Stevens @PhilStevensFCDO]

A sweltering but important week ahead in Sevilla https://t.co/TVvLneoVo3

[Jenny Chapman @JennyChapman]

Congratulations to @sidiouldtah on your election as the next President of the African Development Bank Group.

The UK will continue to be your partner in Africa’s economic transformation.

[Phil Stevens @PhilStevensFCDO]

🙏🏻🙏🏻🙏🏻

[Days Since A Trophy @_SpursTrophies]

6️⃣2️⃣9️⃣5️⃣

[Jenny Chapman @JennyChapman]

We are modernising the UK's approach to international development. Yesterday with @EmmaforWycombe I joined the launch of an industry-led taskforce to unlock private finance for climate and development projects in emerging markets.

[Makhtar Diop @Diop_IFC]

Pleased to have my first meeting with @JennyChapman, UK Minister of State for Development. Discussed how @IFC_org and the WBG remain strong, impact-driven partners focused on value for money and private capital mobilization. Reaffirmed our commitment to the WBG evolution and to leveraging British expertise through our strong UK client base. #WBGMeetings

[Jenny Chapman @JennyChapman]

Getting value for our money is more important than ever on development.

I’m at the #WBGMeeetings to see how the World Bank helps turn countries from aid recipients into booming economies, like it did with South Korea, now a major trading partner to the UK.

A quick explainer 👇

[Kitty van der Heijden @KittyvdHeijden]

A pleasure meeting @PhilStevensFCDO today to explore innovative financing solutions that can drive greater impact for children worldwide. Looking forward to deepening collaboration to unlock sustainable investments for the most vulnerable. #ForEveryChild

[Anneliese Dodds @AnnelieseDodds]

Proud to speak at @LSEplc today on the importance of government and the financial sector working together to drive growth, jobs and climate resilience here and overseas.

We are delivering on our modern approach to development with new measures to unlock investment opportunities.

[Ilan Goldfajn @igoldfajn]

Great news! I met Foreign Secretary @DavidLammy, and @FCDOGovUK minister @JennyChapman here in Barbados and I am excited to share that the 🇬🇧plans to invest up to £80M (US$100M) in IDB Invest’s capital increase, supporting the innovative "Originate to Share" model. The UK is also committing £15M (US$19M) for Caribbean programs, including our regional integration ONE Caribbean Trust Fund and our COMPETE CARIBBEAN+ program for the private sector to enhance climate resilience, citizen & food security, business competitiveness, & gender and diversity equality. The 🇬🇧has been an incredible partner in advancing development across Latin America and the Caribbean!
Read more: https://t.co/ITLXSdX92T