Ideas to Action:

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CGD's weekly Global Prosperity Wonkcast, event videos, whiteboard talks, slides, and more.

More than Money: Impact Investing for Development (Event Video)

Impact Investing—seeking positive social and financial returns—is generating tremendous interest in the financial and foundation communities as a new, more effective way to achieve development. Can it really change the development dynamic for the good, and can impact investments really fight poverty while they generate returns for well-heeled investors? In a new CGD report, More than Money: Impact Investing for Development, John Simon, former OPIC Executive Vice President and US Ambassador to the African Union, and coauthor Julia Barmeier explore the potential and pitfalls of impact investment. The event will include a discussion of their recommendations for practitioners, development finance institutions, and regulators.

Six Lessons for Disaster Relief in Haiti

John SimonI'm joined this week by John Simon, a visiting fellow here at the Center for Global Development. Before coming to the Center, John served in a range of influential positions, from U.S. Ambassador to the African Union to Executive Vice President of the Overseas Private Investment Corporation. During the George W. Bush administration, he was a member of the National Security Council, serving as Special Assistant to the President and Senior Director for Relief, Stabilization, and Development.

That last role placed him at the center of the American response to natural disasters including the 2005 South Asia earthquake and Hurricane Stan. On the Wonkcast, he shares some of the lessons he learned through those experiences, expanding on a blog post he wrote last week (a post I highly recommend reading!).