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Philanthropy in an era of declining development aid

Summary by Jamaica Gleaner
WASHINGTON, DC: Philanthropy will never replace public aid, but it can be a powerhouse if we use it right. With global development funding under strain, European aid budgets being redirected toward defence and rearmament, and the United States rethinking foreign assistance altogether, the aid community has been left scrambling. The reactions so far have been of two kinds: calls for philanthropy to fill the gap, and moralising statements shamin…
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Reporter.lu broke the news in Luxembourg District, Luxembourg on Wednesday, April 2, 2025.
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