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Tag: MCC


MCC Serves Up a Half-Baked Compact

Blog Post

MCC will soon ask its board of directors to vote on a proposed $473 million second compact for Tanzania.  The program focuses on the energy sector, making it a big deliverable for Power Africa.  It’s also strongly aligned with the priorities of Tanzanian citizens, businesses, and the government.  But, as the compact currently stands, there are some pretty significant gaps, making it hard for the board to know just what it’s approving.  Most notably, it’s completely lac

Putting the Emphasis on Infrastructure – Dana Hyde on MCC's Next Decade

Blog Post

Poverty reduction through economic growth: that is the guiding principle of the Millennium Challenge Corporation (MCC) and one it has adhered to through its first decade of operations. I sat down with MCC CEO Dana Hyde to reflect on the MCC’s first ten years and get her outlook on its next ten years.

Listen to the audio or watch the full interview below.

MCC’s CEO Shines a Light on the Way Forward for MCC

Blog Post

Our celebration of MCC’s tenth birthday continued last week with a thought-provoking open conversation with MCC CEO Dana J. Hyde. The well-attended public event, co-hosted by CGD and the Brookings Institute, was a fantastic opportunity to hear, from MCC’s own leadership, a reflection on the agency’s first ten years and a vision for the agency’s future. (If you missed it, you can watch it here.)

Telling the Story of MCC’s Compacts in a New Way

Blog Post

Now that MCC has completed 18 compacts worth over $6 billion, many stakeholders are increasingly anxious to understand more about what these investments have actually achieved.  After all, a focus on results is a key component of MCC’s core model, and the agency is known for pushing the envelope in this area.  MCC’s rigorous ex-post evaluations will be the critical piece that tells the story about development impact, but the results of these studies aren’t usually available

MCC’s Board Discusses Climate Change: Here’s Why it Matters

Blog Post

MCC has long applied rigorous environmental safeguards and standards to its investments in partner countries.  And since President Obama’s September 2014 Executive Order on Climate-Resilient International Development, MCC (along with other key USG foreign assistance agencies) has been expanding  its efforts to ensure that it considers climate change risk—and, where possible, mechanisms for adaptation—in investment planning and execution

MCC’s Next Decade: Claiming the Mantle of Development Leadership

Blog Post

Here's my wish list for the future of the Millennium Challenge Corporation: Elevate the MCC’s leadership role in US development policy and practice and prove the MCC model’s relevance to the big development and foreign policy challenges of our time, including strategic and fragile states.