Devex: Q&A: Mark Green on why he’ll champion innovative finance at USAID
“A new development impact bond aims to save the lives of as many as 10,000 mothers and newborns in India over five years. But when United States Agency for International Development Administrator Mark Green announced the DIB at the Global Entrepreneurship Summit in Hyderabad, he noted the potential for impact was not only on maternal and child health, but also on USAID’s approach to development. In response to a question from Devex, he said it reflected how USAID is trying to partner with, rather than merely contract with, the private sector to take on development challenges through a business lens. … Green spoke with Devex about what this DIB reflects about the future of non-traditional financing mechanisms at USAID…” (Cheney, 12/12).