In recent years, crowdfunding models have offered disruptive examples of collective action problem-solving.

Crowdfunded micro-lending initiatives like Kiva are enabling people all over the world to support entrepreneurs in emerging contexts. In only two years, the crowdfunding platform Kickstarter has helped hundreds of thousands of creators secure the capital they need to bring new ideas, products, services, and stories to the world.

And there are many more mission-driven crowdfunding platforms—Global Giving, Crowdrise, Donors Choose, Raise 5, and Catapult, to name a few.

How could development organizations leverage the emergence of these new models to collectively finance and advance human development outcomes worldwide?

This is a question a cross-divisional team at the World Bank raised among staff as part of this year’s annual Sustainable Development Forum. With Reboot’s support, this team convened a “Crowdfunding for Development” brainstorming workshop to help identify answers … Read More »