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

More on:

Economics

Development

International Finance

Foreign Aid

Global

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.

Up

Explore More on CFR

U.S. Foreign Policy

U.S. competition with China continues to intensify, but rather than adopting a strategy of containment, the United States should respond by reinforcing its relationships with allies and leveraging China's desire for stability to discourage disruptive behavior.

Democratic Republic of Congo

As technology companies and carmakers become increasingly reliant on cobalt, many business, government, and nonprofit leaders have grown concerned about the mineral’s controversial supply chain.

United States