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What's #trending in global development?
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What's #trending in global development?

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When it comes to winning new project opportunities it’s important for you to stay ahead of what’s happening. Check out 8 global development trends to watch.

When it comes to winning new project opportunities it’s important for you to stay ahead of what’s happening. Check out 8 global development trends to watch.

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    What's #trending in global development? What's #trending in global development? Presentation Transcript

    • What’s #trending in global development?
    • It’s no secret that the development business landscape is changing. Here are the top 10 themes to focus on in your project planning now…
    • #1 Post-2015 Agenda The UN has created a new global blueprint for eradicating extreme poverty by 2030. Highlights of the report include an emphasis on using jobs and growth as the means of climbing out of poverty, good governance and transparency, empowering girls and women, tackling conflict and instability and bringing development and environmental agendas closer together.
    • #2 Emerging Donors In an effort to secure a position on the world stage, emerging economies are augmenting both their engagement and spending in aid projects. South Korea, Russia, Brazil, India, & South Africa are among these emerging economies.
    • #3 Global Health PEPFAR’s initiative to foster greater efficiency and innovation around HIV/AIDS programming has led to an increasing number of non-traditional partnerships. These partnerships have been a driving force for creating new innovative and sustainable interventions. https://commons.wikimedia.org/
    • #4 Country Systems Despite some resistance, the notion that aid should be channeled through local country systems has gained traction among the development community. However, enduring issues of transparency and accountability cause uncertainty around the longevity of these systems.
    • #5 US Aid Reform Obama’s ambitious aid reform agenda, USAID Forward, bolstered by the U.S. Global Health Initiative, aims to revamp how USAID provides development assistance. The changes are likely to have a major impact on the way USAID engages with partners and country systems in the aid process.
    • #6 Private Sector Engagement Development players are increasingly turning to the private sector for innovative ideas, financial backing, and expertise. Market-based and private sector-driven solutions to development challenges are becoming more and more prevalent.
    • #7 Climate Change Despite having no global authority to ensure compliance on commitments to climate change, major donors have been taking concrete steps to tackle this key issue. Noteworthy advancements include ramping up climate finance and integrating climate change into aid portfolios.
    • #8 Localization Foreign aid is ‘going local’. Funding, contracting and leadership are all moving to the local level, where development really happens. For international donors, localization may help eliminate costly parallel systems, strengthen local institutions and delivery mechanisms and achieve value for money, allowing developing countries to take charge of their own development.
    • #9 Donor Diversification Belt-tightening among traditional donors is prompting development actors to look for new sources of funding. But where are they finding them? Innovative financing mechanisms; corporate giving; private philanthropy; emerging donors; and traditional donors outside home base.
    • #10 Disaster Preparedness, Resiliency & Response Big donors are increasingly embracing the concept of resilience in their programming. But why? The food, fuel and financial crisis of 2008 that disproportionately impacted vulnerable populations, coupled with the specter of climate change have helped charge this trend. https://commons.wikimedia.org/
    • Want to learn more about what’s happening in development? Find more business insight like this on Devex.