Proyecto Capital, an IDRC-supported regional initiative, is outlined in the report. Developed by the Instituto de Estudios Peruanos and Fundación Capital, Proyecto Capital has promoted the use of formal financial services through governmental cash-transfer programs for the poor and collaborates with ongoing social protection programs to introduce a financial inclusion component. In Peru and Chile for example, hundreds of thousands of low-income program users, mostly women, have increased their use of savings accounts, with positive impacts on their lives and their efforts to escape poverty.
The report also features a case-study on graduation programs. Recognized as one of the most cost-effective approaches to increase the productive, financial, human, and social assets of people living in extreme poverty, these programs offer recipients the tools and resources they need for self-reliance and financial security. IDRC supported Fundación Capital’s efforts to scale up these strategies as well as a learning and evaluation platform on graduation programs in Latin America. The platform’s goal is to generate evidence on integrating effective graduation programs into nationwide social policy.
Development policies, international agendas, and civil society advocacy efforts increasingly refer to the 2030 Agenda for Sustainable Development, but more clarity is needed on how to implement this agenda. The Development Co-operation Report 2018 proposes a holistic and innovative framework to shape and guide development cooperation policies and tools to ensure that we leave no one behind.