The international development financing landscape is changing. Today, official development assistance now comprises only 2 percent of financing flows in the developing world. New approaches to financing are needed to address pressing development challenge

Innovative Financing Mechanisms: Strategic Philanthropy and Impact Bonds

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from Women and Foreign Policy Program

The international development financing landscape is changing. Today, official development assistance now comprises only 2 percent of financing flows in the developing world. New approaches to financing are needed to address pressing development challenges, including persistent inequalities for women and girls. Drawing upon their respective experiences, Fairhurst, Roberts, and Messing discuss two promising financing mechanisms: strategic philanthropy and impact bonds.

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