The Year in Global Partnerships
About the Author: Kris M. Balderston serves as the Special Representative for Global Partnerships within the Office of the Secretary of State.
Throughout 2012, Secretary of State Hillary Rodham Clinton continuously emphasized the importance of partnering and cross-sectoral collaboration as a means to improve diplomacy and development outcomes around the world. At the Global Partnership Initiative, we have worked hard to achieve the Secretary’s vision around partnerships by breaking down barriers to collaboration within and across the Department and with the private sector and civil society organizations. To say it’s been a tremendously successful year for partnerships would be an understatement.
In 2012, we saw each of our four flagship partnerships grow and flourish beyond expectations and the focus on building partnerships… more »
The Hunt for Impact Investments: Are Philanthropists Key?
About the Author: Maura O’Neill serves as the Senior Counselor and Chief Innovation Officer at USAID.
How donor grants may unlock billions of investment dollars for impact enterprise.
In 2010, JP Morgan released a figure that shocked the investment industry: the group estimated that the potential capital market for impact investing — putting dollars into enterprises that would deliver positive social impact — was between $400 billion and $1 trillion. Buoyed by the success of the microfinance revolution, philanthropists, governments, entrepreneurs and investors began in earnest to see how else they could do well by doing good.
Impact investors have surged forward with capital, ready to support the pioneering entrepreneurs creating fortunes and development gains at the base of the pyramid (BoP). There are now 200 impact investment entities poised to pour billions of dollars into impact enterprises in the next year. They have cast wide nets, but it… more »