Joaquin Castro
A
US foreign aid should go to innovative solutions that save lives & transform communities.

Today, I'm introducing the Fostering Innovation in Global Development Act (FIGDA) with Rep. Young Kim to give USAID the tools to prioritize innovation in foreign aid.

Here's what FIGDA does🧵
10:19 AM - Apr 25, 2023
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Joaquin Castro
A
In response to Joaquin Castro.
1. Kickstart a Global Aid Innovation Plan

FIGDA requires USAID to create a global strategy to integrate effective ideas across its programs, with specific plans to prioritize innovation within USAID's Country and Regional Development Strategies.
10:21 AM - Apr 25, 2023
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Joaquin Castro
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In response to Joaquin Castro.
2. Establish a USAID Chief Innovation Officer (CIO) and an innovation fellowship program to drive the innovation agenda within USAID.

Innovation fellows will start in the office of the CIO and then spread out across USAID to promote innovation in all areas of its work.
10:21 AM - Apr 25, 2023
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Joaquin Castro
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In response to Joaquin Castro.
3. Codify Development Innovation Ventures (DIV).

USAID's DIV program invests in breakthrough solutions to the world's toughest development problems. Establishing DIV as a permanent entity within USAID will help the agency do more good at a fraction of the usual cost.
10:21 AM - Apr 25, 2023
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Joaquin Castro
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4. Reward Proven Solutions

FIGDA requires USAID to identify evidence-based solutions that improve development outcomes and then deploy these proven solutions in countries and areas where they can make the most difference.
In response to Joaquin Castro.
10:22 AM - Apr 25, 2023
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Joaquin Castro
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In response to Joaquin Castro.
5. Restart U.S. Contributions to the GIobal Innovation Fund

The U.S. and partner governments established GIF to support innovation in foreign aid, but the U.S. hasn't contributed in years. FIGDA would let USAID restart contributions to promote innovation with our global partners.
10:22 AM - Apr 25, 2023
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Joaquin Castro
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In response to Joaquin Castro.
6. Expand Sub-Awards for Effective Programs

FIGDA quadruples the maximum fixed amount sub-award for innovative aid projects, allowing USAID to direct more funding to proven solutions that generate better returns for taxpayer dollars.
10:23 AM - Apr 25, 2023
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