Global development media platform Devex has shared a review of their most popular funding stories of 2016. It features key moves by large players, novel interesting practices and themes, and “promising sources of development finance” for the new year.
Here are the top seven funding stories of the year:
The President emphasized the role of aid in coalition-building, and its role in national security policies. He highlighted the progress made against HIV and malaria, and discussed climate change.
The article reports on the third consecutive year of growth of USAID’s grant spending. The World Bank and the World Food Program are the largest destinations. (The full article requires a Devex membership.)
It documents the struggles of Australian aid, the largest source and the only one for many in the region, as the sector moves to a private-centered model. (The full article requires a Devex membership.)
Aid after historic Brexit vote, Jun 28
It discusses the impacts, most of them negative, following the UK vote to withdraw from the European Union, in particular the possible shortfalls faced by British NGOs once the country relinquishes funding from the European Comission’s Humanitarian Aid and Civil Protection Department. (The full article requires a Devex membership.)
An account of the moods and thoughts on an unofficial COP22 US election night watch party, and ideas on how the Conference should move forward.
It is estimated that in 2017 the number of people in need of humanitarian assistance and the amount of funding required to fund traditional approaches will likely create a record “humanitarian financing gap”. (The full article requires a Devex membership.)
2015 set a 4-year record of grants awarded by the Foundation, which gives according to five areas: development, health, policy and advocacy, communications and the US. The awarding activity does not necessarily reflect availability of funds, nor a “strategic shift”. (The full article requires a Devex membership.)