Although the village fund is one component that is expected to push local potential and accelerate economic development in the villages, the impact from the development is dependent on how pre- pared the village officials are in utilizing the funds.
River Tubing – a recreational activity where an in- dividual rides on top of an inner tube down the river – is a well-known recreational attraction in Agusen Village, Blangkejeren District, Gayo Lues Regency.
USAID LESTARI partners with the Government of Indonesia (GOI) to reduce greenhouse gas (GHG) emissions and conserve biodiversity in carbon rich and biologically significant forest and mangrove ecosystems.
The Feed the Future Innovation Lab for Markets, Risk and Resilience (MRR Innovation Lab) invites researchers at U.S. universities to submit proposals for research projects that support our mission to generate and transfer into action innovations that will bolster resilience, keeping rural individuals, households, communities and markets in positions of economic viability from which they can sustain and accelerate a path of inclusive agricultural growth.
This blog series features interviews with the winners of the 2020 Climatelinks Photo Contest. This photo, submitted on behalf of the USAID Green Annamites Project, is available on the Climatelinks Photo Gallery.
One of the challenges that policymakers face in promoting and justifying low emissions development (LED) or ‘green economy’ projects is effectively articulating and quantifying the positive socio-economic benefits that LED projects produce.
To enable scaling of climate programs, development assistance organizations can help partner countries leverage new sources of financing, including institutional investors, impact investors, and international and domestic capital markets. However, new approaches are necessary to achieve impacts on a much larger scale.
The amount of development assistance funds available for climate mitigation and adaptation is small relative to the increasing need for it and relative to the magnitude of private capital flowing to developing countries. Improving domestic revenue mobilization, for instance through taxation, can only go so far because many developing countries have relatively small economies. Furthermore, the global pandemic and economic recession only add to the numerous, urgent competing needs for public expenditures.
Climate impacts social and economic development across sectors, in numerous ways. Each sector also has unique opportunities to contribute to climate solutions. USAID integrates climate change in development programming across a variety of technical fields.
In many developing countries, the companies that build, supply, and sell clean energy solutions have difficulty obtaining bank loans or other financing to expand their businesses or reach new markets. This was the case in Rwanda until Power Africa, through USAID, at the demand from financial institutions and providers of solar PV solutions, took action to educate, connect, and support commercial lending programs for off-grid electricity.
Empowering the private sector to drive economic growth can be a powerful force for strengthening communities and accelerating self-reliance. Private Sector Engagement (PSE) is a strategic approach to international development through which USAID consults, strategizes, aligns, and collaborates with the private sector for greater scale, sustainability, and effectiveness of development or humanitarian outcomes.