British International Investment (BII), an institution that uses foreign aid to invest in development projects abroad, has been making investments in luxury hotel chains, fossil fuel fertiliser production and billionaire-owned companies, according to a new report.
The new analysis, produced by Bond – the UK network for organisations working in international development – comes a day before BII publishes its five-year strategy for 2026-31. It suggests that there are “shortcomings in BII’s current approach to support the world’s most marginalised communities,” Bond policy manager Sandra Martinsone said.
