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.

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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.

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