This written submission to the UK Parliament's International Development Select Committee looked at the long term relevance of the 0.7% ODA target; the suitability of DFID’s mix of financial instruments, including its use of loans and traditional grant aid; the role of the UK as a provider of climate finance; whether the UK should establish a new, independent development finance institution to offer concessional loans; and DFID’s balance between provision of bilateral and multilateral aid.