Marketplace on Innovative Financial Solutions for Development
The Agence Française de Développement (AFD), The Bill & Melinda Gates Foundation and the World Bank co-hosted a Marketplace on Innovative Financial Solutions for Development held in Paris on March 4-5, 2010. The Marketplace seeks to garner and highlight fresh ideas on financial solutions for development. It is dedicated to innovative financial mechanisms for better mobilizing, channeling, and using funds. The Marketplace bought together an internationally diverse set of hundreds of development practitioners, donors, philanthropists, social entrepreneurs, academics, representatives from a range of financial institutions, civil society, and policy makers.
A key feature of the event is a grant competition to garner and highlight fresh ideas on how innovative financing mechanisms can be used to better solve development challenges at local, country, regional, or global levels, with the goal that successful innovations can be scaled up and replicated broadly. Advanced Conservation Strategies was a selected as finalist in the competition.