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Critics: Give Development Impact Bonds a Chance to Learn to Walk Before They Run
Brian Boland, co-founder of The Delta Fund - a donor-advised fund focused on poverty alleviation and justice reform - pushes back on a recent critique of development impact bonds. That critique, published in the Stanford Social Innovation Review by Kevin Starr, took DIBs to task for high costs and questioned whether the investor returns are justifiable. Boland argues that DIBs are in their infancy, investors are already learning a lot from early pilots, and any pioneering new system requires time before it can scale.
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- Investing
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Press release: OPIC President and CEO Washburne to Leave Agency after Successful Modernization Push
"When I first came to OPIC, I committed to building and strengthening the organization. So I am tremendously proud of the work we accomplished with the Trump Administration and Congress to advance the Better Utilization of Investments Leading to Development (BUILD) Act into law, which experts have called the biggest advance in U.S. development policy in a generation."
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- Press release
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- Finance
- Region
- North America
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Finnfund Boosts Sustainable Avocado Farming In Tanzania
Sustainable avocado farming is a viable alternative for Tanzania’s Kilimanjaro region farmers whose livelihoods have been shaken by the plunging price of coffee.
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- Agriculture
- Region
- Sub-Saharan Africa
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Viewpoint: How the digital finance revolution can drive sustainable development
A new task force convened by United Nations Secretary-General António Guterres will consider how these two topics might best intersect: how the digital revolution in financing could be shaped not only to minimise potential harms, but in ways that could help advance the SDGs’ inspiring vision.
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- Finance
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Viewpoint: The Future Is in Africa, and China Knows It
Although securing access to natural resources is surely one of China’s goals, its investments in Africa go beyond extractive industries.
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- Sub-Saharan Africa
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Press release: IDB Invest provides loan to Mundo Mujer, the largest private microfinance bank in Colombia
The financing allows Banco Mundo Mujer to increase its loan portfolio to support communities with easy and quick access to working capital, strengthening its businesses and productive units.
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- Finance
- Region
- Latin America
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Viewpoint: Secure the Caribbean — with a modest addition to the BUILD Act
The BUILD Act’s passage was rightly cheered, with one analysis calling it “the most important piece of U.S. soft power legislation in more than a decade.” The BUILD Act, however, inadvertently leaves the Caribbean out in the cold. This situation, likely unintentional, can be easily remedied with a better understanding of the problem.
- Region
- Latin America
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Viewpoint: Is It Time to Give Up on the World Bank?
The World Bank has simply not been effective enough at what is supposed to be its core task: mobilizing funds for infrastructure investment in poorer countries.