Wheels up #wef23! Some impt results: The US committed $125m in new resources to help Ukraine withstand Putin's vicious energy infrastructure attacks. @USAID already sent 1,500+ generators; new support will help keep the lights on and heat flowing to homes, hospitals, schools.1/7
Catalyzed new private lending for climate by partnering w/Green Guarantee Co. With just $5 M from @USAID, GGC will unlock up to $2B in investment to help countries lower CO2 and adapt to climate change. Need businesses to act more urgently on climate—especially adaptation. 2/7
Gathered tech and govt leaders with @FedorovMykhailo to help Ukraine export the groundbreaking Diia app, which helps ppl do everything from register businesses to get benefits. @USAID worked for years w/Ukraine's govt to develop Diia—now we’re excited to bring it to the world.3/7
Launched new $50m fund that will unlock many times this amount in development impact. The @USAID EDGE fund will help spur private investment and encourage companies to tackle challenges like climate change, trade barriers, deforestation in the Amazon, and global corruption. 4/7
Gathered major agro-businesses to mobilize seeds & fertilizer for Ukraine. As part of @USAID AGRI-Ukraine initiative, @Bayer announced $35m for seed processing inside Ukraine. And today CEO Werner Baumann announced a new contribution: providing seeds to 25k Ukrainian farmers.5/7
Foreign assistance is essential. Many top US allies & trade partners are former aid recipients. I’m in awe of the impact @USAID & our partners have in meeting humanitarian needs & improving health, human rights, education, food security & economic opportunity around the world.6/7
And when we can bring the private sector into development partnerships, we can generate even greater progress. Given the sheer scale of the resources and innovation needed to address challenges like climate, hunger & inequality, the private sector can and must step up. 7/7
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