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Better Than Cash Alliance
The Better Than Cash Alliance is a global partnership of 80 governments, companies, and International Organizations that accelerates the transition from cash to responsible digital payments to help achieve the Sustainable Development Goals (SDGs). History, description and work The Better Than Cash Alliance was created in September 2012. Its founding members were the governments of Colombia, Kenya, Peru, and the Philippines, as well as CARE, Concern Worldwide, Mercy Corps, United Nations Development Programme (UNDP) and World Food Programme (WFP). The United Nations Capital Development Fund serves as the secretariat. Based at the UN, the Alliance now has 80 members and is an implementing partner for the G20’s Global Partnership for Financial InclusionGPFI. The Alliance’s secretariat works closely with member governments, companies and other global organizations. According to its website its members are committed to digitizing payments in order to boost effici ...
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International Organization
An international organization or international organisation (see spelling differences), also known as an intergovernmental organization or an international institution, is a stable set of norms and rules meant to govern the behavior of states and other actors in the international system. Organizations may be established by a treaty or be an instrument governed by international law and possessing its own legal personality, such as the United Nations, the World Health Organization and NATO. International organizations are composed of primarily member states, but may also include other entities, such as other international organizations, firms, and nongovernmental organizations. Additionally, entities (including states) may hold observer status. Notable examples include the United Nations (UN), Organization for Security and Co-operation in Europe (OSCE), Bank for International Settlements (BIS), Council of Europe (COE), International Labour Organization (ILO) and International Crim ...
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Visa Inc
Visa Inc. (; stylized as ''VISA'') is an American multinational financial services corporation headquartered in San Francisco, California. It facilitates electronic funds transfers throughout the world, most commonly through Visa-branded credit cards, debit cards and prepaid cards. Visa is one of the world's most valuable companies. Visa does not issue cards, extend credit or set rates and fees for consumers; rather, Visa provides financial institutions with Visa-branded payment products that they then use to offer credit, debit, prepaid and cash access programs to their customers. In 2015, the Nilson Report, a publication that tracks the credit card industry, found that Visa's global network (known as VisaNet) processed 100 billion transactions during 2014 with a total volume of US$6.8 trillion. This article is authored by a ''Forbes'' staff member. Visa was founded in 1958 by Bank of America (BofA) as the BankAmericard credit card program. Available through ...
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Inter-American Development Bank
The Inter-American Development Bank (IDB or IADB) is an international financial institution headquartered in Washington, D.C., United States of America, and serving as the largest source of development financing for Latin America and the Caribbean. Established in 1959, the IDB supports Latin American and Caribbean economic development, social development and regional integration by lending to governments and government agencies, including State corporations. The IDB has four official languages: English, Spanish, Portuguese and French. Its official names in the other three languages are as follows: History At the First Pan-American Conference in 1890, the idea of a development institution for Latin America was first suggested during the earliest efforts to create an inter-American system. The IDB became a reality under an initiative proposed by President Juscelino Kubitshek of Brazil. The Bank was formally created on April 8, 1959, when the Organization of American States dr ...
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Grameen Foundation
Grameen Foundation, founded as Grameen Foundation USA, also known as "GFUSA", is a global 501(c)(3) non-profit organization based in Washington, DC, that works to replicate the Grameen Bank microfinance model around the world through a global network of partner microfinance institutions. Its CEO is Steve Hollingworth. Grameen Foundation's mission is, "To enable the poor, especially the poorest, to create a world without poverty." According to the OECD, Grameen Foundation’s financing for 2019 development increased by 33% to US$45.5 million. It is separate from organizations called "Grameen Foundation" in different countries, such as Grameen Foundation Australia. History The Grameen Foundation was founded by author and independent consultant to nonprofit organizations Alex Counts in 1997. He established the foundation with $6,000 in seed funding from Muhammad Yunus. The mission was to facilitate the expansion of banks modeled after the Grameen Bank beyond the borders of Bangla ...
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Food And Agriculture Organization
The Food and Agriculture Organization of the United Nations (FAO)french: link=no, Organisation des Nations unies pour l'alimentation et l'agriculture; it, Organizzazione delle Nazioni Unite per l'Alimentazione e l'Agricoltura is an international organization that leads international efforts to defeat hunger and improve nutrition and food security. Its Latin motto, ', translates to "let there be bread". It was founded on 16 October 1945. The FAO is composed of 195 members (including 194 countries and the European Union). Their headquarters is in Rome, Italy, and the FAO maintains regional and field offices around the world, operating in over 130 countries. It helps governments and development agencies coordinate their activities to improve and develop agriculture, forestry, fisheries, and land and water resources. It also conducts research, provides technical assistance to projects, operates educational and training programs, and collects data on agricultural output, produ ...
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European Bank For Reconstruction And Development
The European Bank for Reconstruction and Development (EBRD) is an international financial institution founded in 1991. As a multilateral developmental investment bank, the EBRD uses investment as a tool to build market economies. Initially focused on the countries of the former Eastern Bloc it expanded to support development in more than 30 countries from Central Europe to Central Asia. Similar to other multilateral development banks, the EBRD has members from all over the world (North America, Africa, Asia and Australia, see below), with the biggest single shareholder being the United States, but only lends regionally in its countries of operations. Headquartered in London, the EBRD is owned by 71 countries and two European Union institutions, the newest shareholder being Algeria since October 2021. Despite its public sector shareholders, it invests in private enterprises, together with commercial partners. The EBRD is not to be confused with the European Investment Bank (EIB), ...
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Clinton Foundation
The Clinton Foundation (founded in 2001 as the William J. Clinton Presidential Foundation, and renamed in 2013 as the Bill, Hillary & Chelsea Clinton Foundation) is a nonprofit organization under section 501(c)(3) of the U.S. tax code. It was established by former president of the United States Bill Clinton with the stated mission to "strengthen the capacity of people in the United States and throughout the world to meet the challenges of global interdependence." Its offices are located in New York City and Little Rock, Arkansas. Through 2016, the foundation had raised an estimated $2 billion from U.S. corporations, foreign governments and corporations, political donors, and various other groups and individuals. The acceptance of funds from wealthy donors has been a source of controversy. The foundation "has won accolades from philanthropy experts and has drawn bipartisan support". Charitable grants are not a major focus of the Clinton Foundation, which instead uses most of ...
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Chemonics International
Chemonics International, Inc. is a private international development firm based in Washington, D.C. It was established in 1975 by Thurston F. (Tony) Teele as a subsidiary of Erly Industries. The employee-owned company offers a variety of services globally and with more than $1.5 billion in USAID contracts in 2019 is the largest for-profit recipient of U.S. government foreign aid. the company has approximately 5,000 employees in 100 countries. Overview Chemonics, established in 1975 as a subsidiary of Erly Industries, is an employee-owned, for-profit corporation based in Washington, D.C. The international development and consulting firm has received some of the U.S. government's largest aid contracts supporting agriculture, conflict and crisis, democracy, economic development, education, energy, governance, health care and supply chain, international trade, microfinance, sustainability, water, welfare reform, and youth programs. It has received some of the U.S. govern ...
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Catholic Relief Services
Catholic Relief Services (CRS) is the international humanitarian agency of the Catholic community in the United States. Founded in 1943 by the Bishops of the United States, the agency provides assistance to 130 million people in more than 110 countries and territories in Africa, Asia, Latin America, the Middle East and Eastern Europe. A member of Caritas International, the worldwide network of Catholic humanitarian agencies, CRS provides relief in emergencies and helps people in the developing world break the cycle of poverty through community-based, sustainable development initiatives as well as Peacebuilding. Assistance is based solely on need, not race, creed or nationality. Catholic Relief Services is headquartered in the Posner Building in Baltimore, Maryland, while operating numerous field offices on five continents. CRS has approximately 5,000 employees around the world. The agency is governed by a Board of Directors consisting of 13 clergy (most of them bishops) and ...
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CARE (relief Agency)
CARE (Cooperative for Assistance and Relief Everywhere, formerly Cooperative for American Remittances to Europe) is a major international humanitarian agency delivering emergency relief and long-term international development projects. Founded in 1945, CARE is nonsectarian, impartial, and non-governmental. It is one of the largest and oldest humanitarian aid organizations focused on fighting global poverty. In 2019, CARE reported working in 104 countries, supporting 1,349 poverty-fighting projects and humanitarian aid projects, and reaching over 92.3 million people directly and 433.3 million people indirectly. CARE's programmes in the developing world address a broad range of topics including emergency response, food security, water and sanitation, economic development, climate change, agriculture, education, and health. CARE also advocates at the local, national, and international levels for policy change and the rights of poor people. Within each of these areas, CARE focuses on ...
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Arab Monetary Fund
The Arab Monetary Fund (AMF) is a regional Arab organization, a working sub-organization of the Arab League. It was founded 1976, and has been operational since 1977. History The first president and director of the Arab Monetary Fund, from 1977 to 1982, was Dr. Jawad Hashim. In 1982, the Arab Monetary Fund funded and supervised the launch of Investcorp. Nemir Kirdar was transferred from Chase, where he advised the AMF, to Abu Dhabi to develop the new fund. Omar Aggad was the first investor in this fund. Still in 1982, the AMF inaugurated the Arab Monetary Fund building in Abu Dhabi. In 1988, the AMF initiated civil actions against its former president Jawad Hashim to recover funds he embezzled (estimated $50 million) during his tenure. A 20-year long legal feud between the AMF and Jawad Hashim followed. In 1992, the AMF published its yearly Arab Economic Report in which the institution revealed that Arab countries had lost a total of $620 billion during the invasion of Kuwa ...
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ACDI/VOCA
ACDI/VOCA is an international development nonprofit organization based in Washington, D.C., United States, that fosters broad-based economic growth, increased living standards, and community development. Incorporated in 1965, ACDI/VOCA's mission is to promote economic opportunities for cooperatives, enterprises and communities through the innovative application of sound business practice. ACDI/VOCA has worked in 148 countries since 1963. Total revenues for ACDI/VOCA and its affiliates are approximately $154 million. ACDI/VOCA employs approximately 1,270 people in the US and overseas. History Agricultural Cooperative Development International ACDI (Agricultural Cooperative Development International) was formed in 1966 by major U.S. farm cooperatives. Its principal objective was to provide expertise and support to cooperative enterprises in developing countries. In 1967, ACDI helped found Indian Farmers Fertiliser Cooperative (IFFCO), India's largest fertilizer company, re-es ...
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