Development Innovation Ventures
THE NEED: Remittances from migrants are among the largest financial flows to developing countries. In 2009, they amounted to $307 billion—an amount roughly two-and-a-half times larger than foreign aid flows. However, little is known about how the development impact of these funds can be maximized.
THE NEED: Three out of four people in Sub-Saharan Africa lack access to electricity. The problem is especially acute in rural areas, where electrification rates are often lower than 5%. In Tanzania, more than 80% of the country’s 43 million people are off the power grid.
Although the Latin America and Caribbean (LAC) region has experienced more than a decade of strong economic growth, declining poverty, and deepening democracy, development challenges persist.
Development Innovation Ventures is attracting praise for its approach to frugal innovation. At the Center for Strategic and International Studies (CSIS), the Center for Global Development (CGD) and at the 2012 Skoll World Forum, DIV and its grantees were featured in discussions about how to bring innovation to development practice.
On Wednesday February 8, the White House is shining the spotlight on three DIV grantees at an event to explore how government and the private sector jointly promote science and technology innovations in global development.
Tune in at www.whitehouse.gov/live from 9:00am EST to watch the innovators deliver pitches for their development solutions. They will share t
THE NEED: More than two-thirds of people in Sub-Saharan Africa rely on agriculture for employment and many of them live on small farms and earn less than $1 per day. In Africa, agricultural yields are lower than in than other parts of the world, in part because of the persistently low usage of fertilizer. Identifying ways to increase agricultural incomes is crucial to alleviating poverty.
Between 2000 and 2010, the number of mobile phone subscriptions in developing countries increased from 215 million to 4.1 billion. From a luxury for the rich, the mobile has become a ubiquitous presence in rural and urban areas alike, even in some of the most fragile countries in the world.
THE NEED: An estimated 70 percent of the world's poor rely on agriculture for all or some of their household income. Increasing agricultural productivity and incomes is essential for poverty reduction.