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United States Agency for International Development web site.
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The rapid growth of private capital in emerging economies has created an unprecedented opportunity for USAID to use its resources to enable private capital providers, or investors, to become a primary driver of inclusive growth, reform, and poverty alleviation. USAID Administrator Mark Green leads with a vision: “At USAID, we’re reaching beyond contracting and grant making to collaborating, co-financing, codesigning programs, tools, initiatives. We’re embracing the notion that the private sector, not donors and government, will be the ultimate drivers and sustainers of development and we know that we need to re-envision our role accordingly.”
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