US Development Policy

Governments, impact investors, and philanthropists are increasingly looking for innovative ways to address tricky development challenges. USAID’s Development Innovation Ventures (DIV)—which celebrated its 10-year anniversary last year—was set up to do just that.

Last week President Biden announced sweeping measures to reengage the US government in the fight against climate change. With US Special Envoy for Climate John Kerry suggesting the need for “humility and ambition,” we suggest five ways for the new US administration to be more ambitious on the intern...

Here are four additional policy priorities for the Biden-Harris administration’s to-do list.

These proposals would cost money (and so the need to work with Congress), but all are tied to America’s strategic interests and all would help the world exit the COVID pandemic and global recession with greater speed and resiliency.

Not only is Ambassador Power a high-profile pick who will bring clout and deep foreign policy experience to USAID, but the announcement itself also conveyed a clear message that the Biden administration is keen to elevate global development. Here are some of the priorities Ambassador Power has highl...

Last week DFC announced that it signed a framework agreement with the government of Ecuador to refinance up to $3.5 billion of the country’s external debt to China. In exchange, according to reporting by the Financial Times, the Ecuadorian government will commit to exclude Chinese companies from its...