The world needs new approaches, not just more funding, as it faces a financing gap of an estimated $4 trillion annually to achieve the Sustainable Development Goals, or SDGs. “We’re either going to find this money somewhere under the cushions … or we’re going to make it cheaper,” said Hala Hanna, executive director of Solve, an initiative of the Massachusetts Institute of Technology that launches open calls and backs innovators working to solve global problems. “So we really believe that...

It’s no surprise that Anne Marie Burgoyne, managing director of Emerson Collective, had a long line of people forming to meet with her following her session at South by Southwest in Austin, Texas Wednesday. Burgoyne leads philanthropy for this social change organization started by Laurene Powell Jobs.  Devex's Kate Warren spoke with Burgoyne about Emerson Collective’s unique approach, its growing work on climate through the Waverley Street Foundation, and how Emerson Collective looks at the...

On this week's episode, we go behind the scenes at SXSW with Devex Executive Editor Kate Warren, who brings us the latest on the innovations in food and agriculture being discussed at the wide-ranging conference and festival.  We've also got Food Systems for the Future's Ertharin Cousin, who weighed in on our recent piece on the weaponizaton of food, accusations that USAID meddled in Zimbabwe's democratic process, and the utlity of the Pandemic Fund.  Sign up to the Devex Newswire and our...

Next year marks 30 years since the start of the International Crisis Group, which conducts research and analysis to prevent and resolve global conflict.  Comfort Ero, president and CEO of Crisis Group, says the organization was “made for this moment,” as crises continue to unfold from Gaza to Haiti to Ukraine.  She spoke with Devex on the sidelines of South by Southwest, an annual conference in Austin, Texas, about America's role in the world, ahead of a high stakes U.S. presidential...

This week we published an article on how USAID spent its money last year. We noted that the agency spent $38.1 billion through its assistance and acquisition mechanism in the fiscal year that ended in September 2023. From the data it is evident that USAID has increased its spending for humanitarian crises, including the war in Ukraine. The Africa Centres for Disease Control and Prevention released their wishlist for the pandemic treaty. However, with countries in the global north —...

This week Devex published an exclusive story on how Ghana-based NGO Youth Opportunity & Transformation in Africa, or YOTA, is embroiled in a dispute with CARE Ghana over a decision to raise staff salaries during an economic crisis where inflation was spiraling and staffers found it difficult to make ends meet. YOTA, which is one of two implementing partners, is accusing grant holder CARE Ghana of “bullying.” The story highlights some of the challenges that global development organizations...

Last weekend we attended the Munich Security Conference, a summit which is not as solely centered around security as its name suggests. We look back at the highlights and lowlights of the conference, which touched upon many issues linked to global development, including food security and climate change. We also have an update on the future of UNRWA, the United Nations Palestinian relief agency, which is facing calls to be disbanded. The United States is pushing other U.N. relief agencies to...

During the 28th United Nations Climate Change Conference in Dubai, more than 110 countries committed to triple renewable energy capacity worldwide by 2030. Africa, in particular, is a key source of critical minerals such as copper, lithium, nickel, and cobalt, which are needed to power clean technologies ranging from electric vehicles to wind turbines. But without proper safeguards in place, there is a risk that the mining of minerals for the green energy transition could end up exacerbating...

Recently, the U.S. Agency for International Development published 14 "good practices" to define what a locally led program looks like as part of its push for half its projects to be locally led by 2030. We spoke to local community leaders to find out what they think. While many are optimistic, some have argued that they haven’t seen much change just yet and expressed concern about whether these indicators will translate into action. For one thing, USAID’s localization guidelines do not...

This week we published an article on the development finance issues to watch in 2024. From fresh climate finance targets to the role that private capital mobilization can play in overcoming global development challenges, we discuss what we expect from the upcoming year and whether the ideas proposed will lead to tangible change in low-income countries. On the topic of capital increase, at an event on Monday, World Bank President Ajay Banga discussed his plans to reform the way the...

As we approach the U.S. presidential election in November, we take a look at how the Biden administration set out to change the U.S. government’s foreign aid system. With less than a year left in his term, we consider whether the targets set can be realistically achieved this year. As USAID continues its effort to localize — or shift power to local organizations — we also dig into a report on the topic based on the feedback of 300 local organizations, international agencies, and USAID...

2023 was the hottest year on record. So it’s no surprise that the climate emergency was a big focus of last week’s World Economic Forum annual meeting in Davos, Switzerland. Devex’s Raj Kumar sat down with several leaders to discuss how the climate crisis intersects with their work: Peter Sands, the executive director of the Global Fund to Fight AIDS, Tuberculosis and Malaria; Sophie Atiende, CEO of the Global Fund to End Modern Slavery; and Jonathan Reckford, CEO of Habitat for Humanity....

A new report reveals serious gaps in the clinical pipeline for diseases with pandemic potential, and limited investments in their research and development over the years. While research and development funding for COVID-19 reached over $14 billion from 2020 to 2022, the combined research funding for the other nine priority pathogens with pandemic potential identified by the World Health Organization total just $1.7 billion. We dig into the report — which comes from the International Pandemic...

There are a growing number of social entrepreneurs using technology to address a range of development challenges in Africa, from agriculture healthcare to education. But many of them say that financing is the greatest barrier to scale. At the World Economic Forum Annual Meeting 2024, Devex’s Raj Kumar sat down with three social entrepreneurs: Temie Giwa-Tubosun, CEO of LifeBank, a healthcare technology and logistics company delivering critical medical supplies, Gerald Abila, founder of...

It’s a big moment for the United Nations Green Climate Fund. Its funding levels hit a record high following the climate conference COP 28, with several countries adding contributions to its second replenishment that sent the fund’s total soaring past its $10 billion goal to $12.8 billion. GCF’s Executive Director Mafalda Duarte oversaw the replenishment after assuming the role only three months prior, having departed her previous job as the head of the Climate Investment Funds in June....

This week we are in Davos closely following the conversations taking place at the annual meeting of the World Economic Forum. This year’s discussions have focused heavily on artificial intelligence and its potential impact on the humanitarian and development sectors. We also dig into our key takeaways from the conference, along with the question of whether we have reached a turning point when it comes to giving a voice to the global south. In addition to AI, climate change also took center...

The “billions to trillions” narrative — the idea that a relatively small amount of public financing can be used to crowd in trillions of dollars in private capital to solve climate and other development challenges — has been discussed in development finance circles for nearly a decade now. And yet there’s still an annual $4 trillion gap in financing for energy, water, and other critical development objectives. Speaking to Devex’s Raj Kumar, Samaila Zubairu, CEO of the Africa Finance...

While a new year for many heralds a fresh start, the war that broke out in Gaza in October 2023 continues to rage, with the death toll numbering in the thousands. We take a look at the conflict from a global development and humanitarian lens by speaking with representatives from organizations doing aid work there to get an insider perspective on the crisis. They reveal the obstacles they face — such as the lack of fuel and inability to keep in touch with staff — and how they try to meet the...

This Week in Global Development is back for its first episode of the New Year, and this week, we took a look ahead at what we can expect to come down the pike in 2024. It’s an election year in the U.S., and bipartisanship is in short supply. Many of the legislative challenges of 2023—including those around foreign aid— are carrying into the new year, adding more pressure to a dam that’s already quite full. Republican presidential hopefuls are even going so far as to call for the defunding...

Last week we traveled to Dubai to attend the 28th United Nations Climate Change Conference, or COP 28, where apart from hosting our event on the sidelines of the main conference, we also reported on the negotiations taking place. We look back at the main takeaways from COP 28, including the pledges made by philanthropic organizations, and contemplate whether the commitments made by countries will be followed through. While it is recognized that issues related to health, food, and energy are...

This week we traveled to Dubai to follow the discussions at COP 28, the U.N. climate summit, and to find out what the outcomes of the negotiations could mean for the global development sector. The first day saw the creation of a loss and damage fund designed to compensate the lowest-income nations most heavily affected by the negative impact of climate change. While the move is a step in the right direction, activists hope that the wealthiest and most-polluting nations will follow through...

The 2023 United Nations Climate Change Conference, or COP 28, kicked off this Thursday. As with the summits in previous years, we arrive with the usual set of questions: Will pledges be met? Are the biggest polluters going to commit to support the most in need? Will the conference lead to meaningful change? The first day saw an agreement reached over a loss and damage fund, with countries already making initial pledges, including the United Arab Emirates, the United States, and Germany....

Climate + is our new twice-weekly podcast, publishing in the lead up to, during, and after this year's UN climate conference in Dubai. Join Devex senior reporter Michael Igoe and the Devex team as we speak with COP insiders and experts, campaigners, and contrarians to ask — can COP28 deliver? Search for Climate + , wherever you get your podcasts.

The latest edition of This Week in Development takes both a ground-level and 30,000-foot view of localization and the latest issues in development, ranging from unpaid workers in Nigeria to a YouTube influencer-turned-do-gooder to a climate fund struggling to get up to speed. Sara Jerving’s exclusive story offers an object lesson on the importance of coordination and collaboration in large, sprawling development endeavors with multiple stakeholders. She reports on the Saving Lives and...

Ten years ago, the U.S. Agency for International Development unveiled the largest project in its history, hoping it would revolutionize health supply chains around the world to such an extent that it would be the last such contract of its kind. Devex Senior Reporter Michael Igoe details how these hopes were dashed in an investigative report that was the subject of the latest edition of the This Week in Global Development podcast. Speaking to Devex Editor-in-Chief Raj Kumar and Fatema Sumar...