Speeches Shim

There's a lot of buzz in the world of international development about using private finance in new ways to tackle development challenges and boost sustainability. I’ve been in just over a year and am now starting to gain a greater understanding of the financial innovation around this robust market, differentiating it from most USAID posts. Using private finance in development is still a bit outside the sweet spot for some development professionals, but there is momentum in India that is adding to the enthusiasm for the new phrase: “blended finance.” India’s rapidly growing economy is the perfect laboratory for development finance enthusiasts. India’s rich capital markets, meaningful market reformation, and the continued expansion of the development sector are combining to create an astounding crescendo of innovation.

The U.S. Agency for International Development (USAID) and the United States India Strategic Partnership Forum (USISPF) signed a Memorandum of Understanding (MOU) today to jointly address India’s tuberculosis (TB) and primary healthcare challenges.
The U.S. Agency for International Development (USAID) and the Indo-American Chamber of Commerce (IACC) in India signed a Memorandum of Understanding (MOU) today to jointly address India’s development challenges.
New Delhi: India and the United States today signed the First Amendment to the Statement of Guiding Principles (SGP) on Triangular Cooperation for Global Development. The Amendment was signed by Dr. Devyani Khobragade, Joint Secretary, Development Partnership Administration -II Division, Ministry of External Affairs of India and Mr. Mark Anthony White, Mission Director for the United States Agency for International Development (USAID) in India.

Today we launch a new phase of the U.S.-India energy cooperation, one which will take this partnership to the next level by enhancing India’s ability to incorporate robust analysis into energy and environmental decision-making.
Analysis and data are key to making future development choices in a complex world. It’s what big companies and economies around the world focus on to deliver value. So we wondered, why not in the energy sector which is so much more complex and can benefit from better use of data and analytics to improve planning for the future.
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