When Hurricane Dorian struck The Bahamas in 2019, USAID led and coordinated the U.S. Government’s disaster response efforts, deploying an elite disaster team and providing nearly $34 million in humanitarian assistance.
Over 67 million youth are unemployed globally and the majority live in rural areas with limited economic opportunities. The fallout of the COVID-19 pandemic has overwhelmingly impacted youth whose employment fell by more than twice that of adults in 2020.
The United States Agency for International Development (USAID) recently released the Amazon Vision 2020 Report describing its achievements in biodiversity and sustainable landscape initiatives across Brazil, Colombia, Peru, Ecuador, Guyana, and Suriname. As part of this progress update, the report focuses on the Agency’s work to promote a more sustainable and innovative development model that supports Amazonian entrepreneurs with a vision for a sustainable local economy.
Worldwide, the private sector is playing an unprecedented role in shaping opportunities that improve the lives in the countries and communities that USAID supports. For six decades, USAID has partnered with the private sector to solve the world’s most complex development challenges and to help countries accelerate development progress.
Like many women, Wamahoro, a native of Rwanda, once worked two jobs, one of which was in the informal sector. “I used to sell my baskets at the local market to supplement my farming income,” she says.
At the local market, however, Wamahoro’s handmade baskets sold for only 82 cents a basket — not much in the way of supplemental income.
The global call for access to quality education for all by 2030 comes with a hefty price tag. To meet this target, we need $40 billion in additional funding every year for primary and secondary education alone. To begin closing this gap, new approaches to mobilizing more resources will be imperative, since development agencies and philanthropic organizations do not have the funds to fill the gap on their own.
Despite the fact that Guatemala is an upper-middle-income country, almost 60 percent of the population lives in poverty. Agriculture is one of Guatemala’s main economic drivers; it has employed at least one in three Guatemalans since 2000; and in 2018, the agriculture value added was ten percent of the gross domestic product (GDP).
USAID’s Bureau for Policy, Planning and Learning Senior Economist Peter Richards reflects on the potential impact of a global recession and drop in commodity prices on economic growth in the global south.
Using a decentralized water treatment and distribution system, Jim Chu, the founder and CEO of dloHaiti, is bringing safe, affordable water to thousands on the island. Chu recently participated in diaspora engagement roadshows hosted by USAID INVEST, which encouraged members of the Haitian diaspora to invest in the country’s private sector.
Jim Chu loves flying. The Silicon Valley entrepreneur and investor began paragliding in 1993. Over the last two decades, he’s participated in the sport all around the world.
The AVANSE Program—the U.S. Agency for International Development (USAID) Feed the Future program in Northern Haiti (2013–2019)—shows the value of integrating political economy analysis (PEA) in agricultural programming.
The USAID-funded Climate Economic Analysis for Development, Investment, and Resilience Activity promotes clean energy lending by commercial banks in Central America. Seven banks in the region now have energy efficiency and green credit lines for small- and medium-sized businesses.
USAID/Honduras recently awarded a five-year (2018-2023) activity – Transforming Market Systems (TMS) to foster competitive, resilient, and inclusive market systems that provide increased economic opportunities that incorporate poor, marginalized Hondurans and reduce incentives to migrate.