The Global Conference for Social Change was filled with innovative thinkers achieving meaningful results in the field of development and sustainability. One presenter of note was Jozefina Cutura from The Millennium Challenge Corporation (MCC), which is a U.S. foreign aid agency created in 2004 by the U.S. Congress. MCC partners with poor countries around the world to develop programs to reduce poverty. In order for a country to work with MCC, that country must prove its commitment to good governance, economic freedom, and investments in their citizens. MCC provides large-scale grants to these countries to fund country-led initiatives to improve economic conditions. These grants come in two forms: Compacts, which are large, five-year grants for countries that pass MCC’s eligibility criteria; and Threshold programs, which are smaller grants awarded to countries that come close to passing these criteria and are firmly committed to improving their policy performance. To date, MCC has devoted $7 billion to poverty reducing Compacts and $495 million to policy improvement Threshold Programs. While MCC works with countries globally, in the future they will be focusing on Indonesia, Zambia and Cape Verde. Another interesting fact about the MCC is that the Secretary of State, the Secretary of the Treasury, the U.S. Trade Representative, and the USAID Administrator serve on the board along with four private sector representatives.
Global Conference for Social Change - MCC Presentation: Gender Intergration