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

Top Stories on CFR

Italy

Italy’s populist government has relished defying the European Union, and its latest showdown with Brussels could threaten the continent’s fragile recovery—and the global economy.

Women and Economic Growth

Closing the gender gap in the workforce could add a staggering $28 trillion to the global GDP.

Cybersecurity

Deep fakes are a profoundly serious problem for democratic governments and the world order. A combination of technology, education, and public policy can reduce their effectiveness.