In an interview with Ben Hubbard, director of USAID’s Development Credit Authority, the office that partners with banks and other finance institutions to guarantee loans, Devex examines how the office “is now working behind the scenes to change the way USAID regional bureaus and country missions finance development projects by alleviating investment risks and putting finance officers in the field.” According to Devex, “Hubbard sees his office playing a larger role in helping USAID link its country strategies to commercial banks and microfinance institutions which might be able to direct private capital to nearby development projects, instead of relying on foreign aid grants. … This shift from donors funding projects directly to using foreign assistance to leverage private funds, he says, is indicative of a changing global development climate” (Igoe, 6/18).

The KFF Daily Global Health Policy Report summarized news and information on global health policy from hundreds of sources, from May 2009 through December 2020. All summaries are archived and available via search.

KFF Headquarters: 185 Berry St., Suite 2000, San Francisco, CA 94107 | Phone 650-854-9400
Washington Offices and Barbara Jordan Conference Center: 1330 G Street, NW, Washington, DC 20005 | Phone 202-347-5270

www.kff.org | Email Alerts: kff.org/email | facebook.com/KFF | twitter.com/kff

The independent source for health policy research, polling, and news, KFF is a nonprofit organization based in San Francisco, California.