The Need to Diversify: What are Alternative Funding Sources?
With tremendous uncertainty in the future of foreign assistance, international development organizations must diversify their sources of revenue. As Congress contemplates proposed budget cuts, Brexit signals a more inward-looking agenda in the U.K., and many European countries are spending foreign aid dollars at home, the trend away from government assistance for organizations working to help developing countries is becoming a reality around the world. What are alternative, innovative resources and mechanisms that could help continue the important work of development as government aid decreases? This panel will look at impact investing, private-public partnerships; the role of foundations; and other ways to finance development.
Eric Postel (Moderator), Former Associate Administrator, United States Agency for International Development and Founder of Pangaea Partners
Emily Gustafsson-Wright, Fellow – Global Economy and Development, Center for Universal Education, Brookings Institution
Renate Hahlen, Minister Counselor for Development for the European Union Delegation in the U.S.
Daniel Wordsworth, President & CEO, American Refugee Committee