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Blog Post
March 14, 2023
On Wednesday March 8, the Center for Global Development hosted an event with Andrew Mitchell, Minister of State for Development and Africa of the United Kingdom, as part of our series of conversations and work on the future of development. The Minister spoke about the role the UK is playing today, t...
Blog Post
March 26, 2019
At the end of 2018, the world had seven development impact bonds (DIBs) and more in the pipeline. Yet questions remain about the potential of DIBs—still a new financing instrument—compared to other pay-for-performance arrangements. With a dearth of standard and transparent evaluation met...
POLICY PAPERS
December 14, 2018
Using publicly available information, we describe all seven DIBs, and evaluate the three “health DIBs” in more detail, comparing their stakeholders, implementation, and outcome structures. We offer three recommendations to improve evaluation and inform development of DIBs in the future.
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Blog Post
June 27, 2018
The United States needs a bigger and better development finance institution. The Overseas Private Investment Corporation (OPIC) is an overperforming federal agency, but is currently far too small and outdated to fulfill its mandate of catalyzing private investment in strategic emerging and fron...
Blog Post
June 19, 2018
Last week, CGD hosted the US Agency for International Development (USAID) for the first public presentation of the agency’s new “Journey to Self-Reliance” metrics. Launched by USAID Administrator Mark Green, the Journey to Self-Reliance is a new strategic approach that ai...
POLICY PAPERS
January 26, 2018
Despite the considerable interest in Development Impact Bonds, only a few have reached the implementation phase. We use information from stakeholder interviews to describe the design of one DIB in-depth and use lessons from a range of impact bonds to develop recommendations for potential partners to...
Blog Post
October 20, 2017
The four main recommendations of the Redesign Consensus: A Plan for US Assistance are to empower USAID as the lead independent aid agency, to create a full-fledged development finance institution, to establish a global development and humanitarian strategy, and to upgrade systems to better mana...