Donors pledge over $2 billion to support Iraq’s liberated territories, while advocates wonder if they’ll secure enough funding to see an AIDS-free generation. This week in development news.
President Barack Obama delivered a personal, aspirational endorsement of development’s central role in U.S. foreign policy Wednesday, and he assured attendees of the White House Summit on Global Development — to nervous applause — that the U.S. government will remain the world’s largest donor of humanitarian aid in the next administration. The president’s speech, which clocked in at 31 minutes, capped a day that felt like a victory lap for leaders and supporters of Obama’s major development initiatives, including Power Africa, Feed the Future, the Global Health Security Agenda, the Open Government Partnership, and others. Part of their confidence likely stemmed from the administration’s uncommon success in moving its development agenda through Congress and into law. Devex reported live from the White House summit, drawing reflections from top development agency officials, civil society leaders and advocates on the challenges presented by an uncertain political transition and the need to follow through on goals set but not yet achieved.
The U.S. Justice Department has filed a lawsuit against people connected with Malaysia’s prime minister to seize more than $1 billion of assets, alleged to have been misappropriated from the country’s 1MDB development fund. This would be the largest asset seizure ever by the Justice Department’s anti-corruption unit, according to the Wall Street Journal, and it marks a dramatic turning point in a scandal that has created political turmoil in Malaysia. As Devex reported, one of the people believed to be central to the scandal is financier Jho Low, who, as chairman of the Jynwel Foundation, has contributed millions to development organizations, including the United Nations Foundation and Keep A Child Alive, the AIDS-fighting organization co-founded by pop star Alicia Keys. A donation to the humanitarian news agency IRIN allowed that organization to spin-off from the United Nations in 2015.
About the author
Michael Igoe@AlterIgoe
Michael Igoe is a Senior Reporter with Devex, based in Washington, D.C. He covers U.S. foreign aid, global health, climate change, and development finance. Prior to joining Devex, Michael researched water management and climate change adaptation in post-Soviet Central Asia, where he also wrote for EurasiaNet. Michael earned his bachelor's degree from Bowdoin College, where he majored in Russian, and his master’s degree from the University of Montana, where he studied international conservation and development.
