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How can we stretch aid money, ensuring it has more impact? Watch this space as Devex and the United Nations Foundation’s Pledge Guarantee present ideas from the world’s best thinkers on innovative finance for development, a key theme at the Fourth High Level Forum on Aid Effectiveness in Busan.

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  • Muhammad Yunus on 'more health for the money'

    Posted by Muhammad Yunus on 15 November 2011

    Grameen Bank founder Muhammad Yunus at the World Economic Forum

    Grameen Bank founder Muhammad Yunus thinks it’s time to scale up innovative financing for development. In an exclusive guest opinion, the Nobel Peace Prize winner shares his take on how to stretch development dollars and improve global health by making aid more effective. Read the full op-ed, and check out this excerpt:   With the population of the world now topping 7 billion people, improving global health outcomes has increasingly become a concern in development agendas. In th...

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    • Tags: Muhammad Yunus, Grameen, United Nations Foundation, United Nations, UN System, health, Devex, Busan, South Korea, Asia, Africa, Latin America, #innov8aid, innovative finance, development business, development aid, aid effectiveness, Busannovate
    • Posted:11/15/2011 04:35:44 PM | Email | Permalink
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  • Richard Leftley on grants vs. commercial funding

    Posted by Richard Leftley on 05 December 2011

    Richard Leftley, president and CEO of MicroEnsure

    At what point should grant funding be replaced by more commercial forms of funding such as debt or equity? The question is at the heart of a challenge facing many fledgling development organizations. Read MicroEnsure founder Richard Leftley’s exclusive guest opinion, or check out this excerpt: Four years ago, we set up MicroEnsure with a grant from the Bill & Melinda Gates Foundation. Our aim was to serve a large number of people with a range of affordable and relevant insurance ...

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    • Tags: Richard Leftley, MicroEnsure, microfinance, London, Europe, development business, development aid, international funding, grant, country ownership, Africa, health, infrastructure, human resources, capacity building
    • Posted:12/05/2011 04:04:09 AM | Email | Permalink
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  • Maura O'Neill, chief innovation officer at USAID

    The world’s largest bilateral donor has been on a mission lately to find new ways to do development business. As the U.S. Agency for International Development’s chief innovation officer, Maura O’Neill is central to this effort. Read her exclusive guest opinion on innovative financing for development, or check out this excerpt: A few miles outside of Busia in Western Kenya, Carol Nekesa brings us out to a small village that is enjoying a regular supply of clean water for t...

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    • Tags: USAID, Busannovate, Maura O’Neill, Africa, Kenya, water, infrastructure, health, governance
    • Posted:11/21/2011 03:40:57 AM | Email | Permalink
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  • Humberto Laudares on health financing challenges

    Posted by Humberto Laudares on 02 December 2011

    Humberto Laudares, innovative financing officer at the Global Fund to Fight AIDS, Tuberculosis and Malaria.

    Innovative financing mechanisms for health care have had had mixed results over the past few years, writes Humberto Laudares in an exclusive guest opinion. Check out this excerpt from the Global Fund to Fight AIDS, Tuberculosis and Malaria’s innovative financing officer: Today, there are several noteworthy innovative financing opportunities, including: Sovereign wealth funds: More than $4 trillion in assets are being managed by these investment funds, but so far there is no eviden...

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    • Tags: Humberto Laudares, Global Fund, malaria, AIDS, tuberculosis, TB, health, global health, Europe, Geneva, Switzerland, Busannovate, UNF, United Nations, UN System, public-private partnership, PPP, innovative finance, impact investing, GAVI, financial crisis
    • Posted:12/02/2011 07:29:13 AM | Email | Permalink
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  • Franck Wiebe on MCC’s strategy to stretch aid dollars

    Posted by Franck Wiebe on 30 November 2011

    Franck Wiebe, chief economist at the Millennium Challenge Corp.

    The Millennium Challenge Corp. has been praised for its work on infrastructure and other projects from Armenia to Vanuatu. We asked the U.S. government corporation’s chief economist about its success. Read Franck Wiebe’s exclusive guest opinion on innovative financing for development, or check out this excerpt: “Stretching aid dollars” requires a new level of discipline from development agencies and country partners. The practice of benefit-cost analysis fell out of...

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    • Tags: Millennium Challenge Corporation, MCC, Paris Declaration, aid effectiveness, Busan, HLF4, economic development
    • Posted:11/30/2011 04:48:15 AM | Email | Permalink
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