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Viewpoint: Europe Needs Its Own Development Bank
The European Union needs a development bank so that it can strengthen its capacity to respond to global and regional challenges – above all, to risks and opportunities in Africa. At a time of increasing uncertainty, growing international threats, and fundamental challenges to multilateralism, solid institutions are needed more than ever.
- Categories
- Finance
- Region
- Europe & Eurasia
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How Can We Stop Losing Our Minds?: Producing a Legacy From Development Projects, Not Just a Document
Have you ever run, funded or been part of a development project? Have you ever thought: “We should definitely share what we learned?” But then someone wrote a report and that was the end of that. Gavin Starks, the founder of dgen.net, argues that shouldn’t be the end, but the beginning. The power of an open approach to development has many benefits, he says. Done well, it changes the way people collaborate during projects — and helps them produce a legacy, not just a document.
- Categories
- Finance, Technology
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Press Release: VisionFund International Raises AUD20M Through Its First Bond in Australia to Help Fund Global Financial Inclusion Initiatives
Offered in Australia to eligible institutional and high net worth investors, the bond is known as a ‘Kangaroo bond’ as it is issued in Australia in Australian dollars by a non-Australian entity. The five-year bond is unsecured and unsubordinated and offers a fixed rate of five per cent per annum, paid semi-annually.
- Categories
- Investing
- Region
- Asia Pacific
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What Will Last Mile Distribution Look Like in 2025? Six Predictions for an Emerging Sector
From water purifiers to solar lights, the impact-oriented products can’t further development goals if they can't make it to last mile customers. Emma Colenbrader and Charlie Miller of the Global Distributors Collective explain how the organization's 140 member distributors have defied tough odds to get 13 million products and counting into the hands of last mile households. They share a first-of-its-kind report that aims to better understand the markets for these products, the customers being reached – and the business models that can reach them.
- Categories
- Energy, Telecommunications, Transportation
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Development Impact Bond Targets Sanitation in Cambodia
WASH issues are underfunded globally, according to the World Bank, which estimates that $1.7 trillion will be needed to achieve the related Sustainable Development Goal 6. Most countries need to dramatically increase spending and to meet the significant needs, people working in the WASH sector are also looking to other sources.
- Categories
- WASH
- Region
- Asia Pacific
- Tags
- global development, SDGs
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Five Ways the Private Sector Can Align with the Sustainable Development Goals
How can the private sector advance the UN’s Sustainable Development Goals, and what’s the best way to measure the success of these efforts? Those questions were among the topics explored at the recent Sustainability and Development Conference at the University of Michigan. Yaquta Kanchwala Fatehi and Dana Gorodetsky at the William Davidson Institute attended the event, and they share some essential insights on the private sector’s role in supporting the SDGs.
- Categories
- Agriculture, Environment, Impact Assessment
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World Bank Approves $150 Million Fund to Improve Ghana’s Education System
The World Bank’s Board of Directors has recently approved a $150 million fund for the Ghana Accountability for Learning Outcomes Project (GALOP). The fund is aimed at improving the quality of education for more than two million children in low performing basic education schools.
- Region
- Sub-Saharan Africa
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Navigating the Informal Economy Is Vital for Africa’s Rural Youth: How Do We Help Them Do That?
Growing the formal employment sector is vital to the long-term health of African economies, but it’s not generating jobs fast enough for young people just entering the workforce. A partnership between the Mastercard Foundation and TechnoServe has provided training and mentorship to nearly 69,000 young people across rural Kenya, Rwanda, Tanzania and Uganda by helping them navigate existing opportunities in the informal sector. Chris Donohue at TechnoServe shares how helping young people build multiple sources of income is creating meaningful change in their lives.
- Categories
- Uncategorized