The Marketplace on Innovative Financial Solutions for Development (MIF) is hosted in
Paris
Paris () is the Capital city, capital and List of communes in France with over 20,000 inhabitants, largest city of France. With an estimated population of 2,048,472 residents in January 2025 in an area of more than , Paris is the List of ci ...
,
France
France, officially the French Republic, is a country located primarily in Western Europe. Overseas France, Its overseas regions and territories include French Guiana in South America, Saint Pierre and Miquelon in the Atlantic Ocean#North Atlan ...
, by the
French Development Agency
The French Development Agency (, AFD), known from 1992 to 1998 as the Caisse Française de Développement (CFD, ), is a public financial institution that implements France's development and international solidarity policies. It works to fight pov ...
(AFD), the
Bill & Melinda Gates Foundation
The Gates Foundation is an American private foundation founded by Bill Gates and Melinda French Gates. Based in Seattle, Washington, it was launched in 2000 and is reported to be the third largest charitable foundation in the world, holding $ ...
and the
World Bank Group
The World Bank Group (WBG) is a family of five international organizations that make leveraged loans to developing countries. It is the largest and best-known development bank in the world and an observer at the United Nations Development Group ...
.
This initiative is dedicated to innovative financial mechanisms allowing to better mobilize funds for
development
Development or developing may refer to:
Arts
*Development (music), the process by which thematic material is reshaped
* Photographic development
*Filmmaking, development phase, including finance and budgeting
* Development hell, when a proje ...
programs. The MIF garners best practices by presenting new projects and encouraging conversations between specialists from different fields. The event focuses on meetings and case studies, combining theoretical and practical points of views.
The MIF has three main objectives:
* move forward the agenda on innovative financial solutions for development;
* encourage knowledge-sharing and learning (including between developing areas) through best practices and case studies in order to identify how to design solutions to maximize impact and cost-effectiveness;
* leverage projects using innovative financial mechanisms to deal with development issues.
The MIF audience consists of professionals from different areas:
* development practitioners
* donors
* philanthropists
* social entrepreneurs
* academics
* policy makers
Speakers and participants come from financial institutions and the civil society.
MIF 2010
The 2010 event takes place on March 4–5, in
Cité des Sciences et de l'Industrie
The Cité des Sciences et de l'Industrie (, "City of Science and Industry", abbreviated la CSI) or simply CSI is a large science museum in Europe. Located in the Parc de la Villette in Paris, France, it is one of the three dozen French Cultural ...
, Paris. The MIF 2010 program consists of two main sessions, 13 workshops and a competition between innovative projects for financing development.
A feature of the MIF 2010 event is a project competition aimed at new ideas on how
innovative financing mechanisms can be used to better solve development challenges. These projects should provide solutions that can be successfully scaled up and replicated across a broad variety of situations.
Twenty finalists have been chosen from a pool of some 800 applicants that responded to the open call for proposals during the autumn of 2009. 110 specialists in innovative finance together with development experts from inside and outside of the organising institutions selected the most promising as finalists.
The proposed projects cover more than 15 developing countries across five continents and were submitted by a variety of organisations ranging from small local NGOs to large multinational corporations to international development organizations.
Results of the 2010 MIF competition
Marketplace on Innovative Financial Solutions for Development, 2010.
References
External links
MIF website
Video presentations of the projects presented at the MIF 2010
International conferences in France
Organizations based in Paris
Economic development organizations
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