Tuesday
February 11
2025

Analysis: As USAID Is Crushed, There Are Prospects—But Major Limits—For Private-Sector Action

By Christine Ro

First of all, to be very clear: the private sector cannot replace the thousands of staff members, the billions of grant dollars, and the decades of experience that have made the U.S. Agency for International Development (USAID) the world’s most important government funder of development. The Trump administration’s demolition of USAID is already interrupting clinical trials, not to mention halting demininganti-trafficking, and violence prevention efforts around the world, to name just a few areas of work.

Photo courtesy of Steve Evans.

Source: Forbes (link opens in a new window)

Categories
Environment, Health Care
Tags
climate change, development finance, impact bonds, impact investing, nonprofits, poverty alleviation, public-private partnerships, vaccines