Global development funding is undergoing a period of transformation. New donors like Turkey, South Africa, the Asian Infrastructure Investment Bank and the Green Climate Fund are expanding the foreign aid funding pool — and filling the gaps as traditional donors shrink and shift priorities. New research by Devex estimates that funding from these donors has increased by a staggering 47 percent in just five years — from $5.7 billion in 2010 to $8.4 billion in 2015.
Devex convened a panel of experts to discuss trends among these emerging donors — and how implementers can leverage this moment.
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