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Reimagining the Digital Architecture of Global Development: How Big Tech Can Bring the Sector into the Modern Age
The global development sector has grown into a sprawling ecosystem, including powerful multilaterals and millions of community-level NGOs worldwide. In the process, as social innovation advisor Rajat Ray explains, it has repeatedly reinvented its tools and techniques to handle the growing scale and depth of its work. But he argues that the reductions in traditional aid, the growing strain of modern operational demands and the emergence of advanced technologies like AI have brought the sector to a defining inflection point. He explores how its legacy tools and processes are falling short, and calls for a complete reimagining of the digital architecture that underpins global development, driven by multilateral leaders and Big Tech.
- Categories
- Technology
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World Bank Group Mobilizes Record Private Capital for Developing Countries, Driving Job Creation
Private capital mobilized by the World Bank Group has more than tripled over the past four years, rising from $35 billion in FY22 to $112 billion in FY26.
- Categories
- Investing
- Region
- Global
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Wallace Global Fund to Spend Itself to Zero, Putting Its Entire Endowment Behind Movements as It Challenges Philanthropy to Pay Out More to Meet This Moment
Founded by former U.S. Vice President Henry A. Wallace, Wallace Global Fund supports people-powered movements working to advance human rights, defend democracy, and fight for a healthy planet.
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- Investing
- Region
- Global
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British International Investment Reaffirms Commitment to 2X Challenge and Raises Gender Investment Target to 30 Percent Under New 5-Year Strategy
New UN data shows that 351 million women and girls could still be living in extreme poverty by 2030, underscoring the urgency of accelerating investment in women’s economic empowerment.
- Categories
- Investing
- Region
- Global
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Press Release: Gates Foundation Commits US$1 Billion to Help Build and Deliver Equitable AI That Improves Health and Expands Opportunity
New Goalkeepers Report: AI could be a great equalizer, but only if it’s built intentionally to benefit the people who need it most.
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- Investing, Technology
- Region
- Global
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Moving Beyond Grants: How NGOs Can Diversify Toward Earned Revenue, and How Funders Can Support That Transition
The development sector has reached an increasingly firm consensus that it needs to depend less on grants as the aid landscape evolves, and strategies to generate earned revenue have emerged as a key solution for NGOs seeking to remain financially sustainable. But as Toon Driesen at the Enabel Innovation Hub and Alex Losneanu and Pritika Kasliwal at Brink explain, commercializing innovative solutions to complex societal issues typically costs money before it makes money, and early funding support often falls away before a business model can scale. They share research that reveals what NGOs must do differently to execute the transition to an earned revenue model, and explore how funders can help them implement these changes.
- Categories
- Investing, Social Enterprise
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Analysis: The Turbulent AI Era Is Here. The Choices We Make Now Are Critical.
The transition to the AI era will be one of the most turbulent times in human history. Right now, we are not preparing adequately for that transition. If the world takes the right steps, AI will be a force for good and leave everyone better off.
- Categories
- Technology
- Region
- Global
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Press Release: World Bank Group Launches Initiative to Help Local Financial Institutions Expand Digital Payments in Emerging Markets
". . . the initiative is expected to increase competition and improve the quality and accessibility of payment services."
- Region
- Global
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