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

Germany

President Trump has targeted Germany over its supposed dependence on Russian natural gas, and the proposed Nord Stream 2 is dividing the EU. What’s in store for Europe’s pipeline politics?

Disasters

The U.S. government responds to scores of disasters each year, coordinating closely with state, local, and foreign partners. However, more frequent and severe storms, fires, and floods are straining resources.

Saudi Arabia

If Tesla goes private with significant funding from Saudi Arabia or other foreign investors, it would raise national security and ethical questions.