Public-private partnerships for development continue to play a prominent role in American global development policy and strategy. President Barack Obama’s administration has prioritized leveraging private sector investment for development. The President’s Global Development Council — a special advisory group comprised of public, private, academic and nongovernmental representatives — continues to emphasize galvanizing the private sector and supporting new and existing PPPs.
While the focus on partnership applies to all U.S. government agencies with a development portfolio, the U.S. Agency for International Development has taken the lead forging PPPs for development and the USAID Forward reform agenda has preserved the goal of increasing PPP investments to 10 percent of USAID mission program funding in 2015.
The USAID Global Development Lab and its Global Partnerships Team is responsible for promoting new and deepening existing partnerships. In 2014, the Lab released its inaugural set of highly anticipated PPP data.
About the author
Pete Troilo
Former director of global advisory and analysis, Pete managed all Devex research and analysis operations worldwide and monitors key trends in the global development business. Prior to joining Devex, Pete was a political and security risk consultant with a focus on Southeast Asia. He has also advised the U.S. government on foreign policy and led projects for the Asian Development Bank and International Finance Corp. He still consults for Devex on a project basis.
