![]() | A major contributor to this article appears to have a close connection with its subject.(December 2023) |
![]() | |
Formation | September 2012 |
---|---|
Type | Global partnership |
Purpose | Accelerate the transition from cash to responsible digital payments |
Headquarters | New York, US |
Membership | 80 members |
Managing Director | Dr. Ruth Goodwin-Groen |
Website | www |
The Better Than Cash Alliance is a global partnership of 80 governments, companies, and International Organizations that accelerates the transition from cash to responsible digital payments to help achieve the Sustainable Development Goals (SDGs). [1]
The Better Than Cash Alliance was created in September 2012. Its founding members were the governments of Colombia, Kenya, Peru, and the Philippines, as well as CARE, Concern Worldwide, Mercy Corps, United Nations Development Programme (UNDP) and World Food Programme (WFP). [2] [3] The United Nations Capital Development Fund serves as the secretariat.
Based at the UN, the Alliance now has 80 members and is an implementing partner for the G20’s Global Partnership for Financial Inclusion (GPFI). The Alliance’s secretariat works closely with member governments, companies and other global organizations. According to its website its members are committed to digitizing payments in order to boost efficiency, transparency, women’s economic participation and financial inclusion, helping build economies that are digital and inclusive. Its website also states that "Members do not want to abolish physical cash, but rather want to provide responsible digital payment options that are 'better than cash'". [4] [5]
The Alliance Secretariat works with members on their journey to digitize payments by: [6]
The Bill & Melinda Gates Foundation, Citigroup, the Ford Foundation, the Omidyar Network, the United Nations Capital Development Fund, the United States Agency for International Development (USAID), and Visa Inc. were founding funders of the Alliance. [7] [8] Further current funders include the German Federal Ministry for Economic Cooperation and Development (BMZ), the Mastercard Foundation, the Swedish International Development Cooperation Agency (Sida), and the Swiss State Secretariat for Economic Affairs (SECO). [9]
Extreme poverty is defined by the United Nations (UN) as "a condition characterized by severe deprivation of basic human needs, including food, safe drinking water, sanitation facilities, health, shelter, education and information. It depends not only on income but also on access to services". Historically, other definitions have been proposed within the United Nations.
The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution funded by 190 member countries, with headquarters in Washington, D.C. It is regarded as the global lender of last resort to national governments, and a leading supporter of exchange-rate stability. Its stated mission is "working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world."
The World Food Programme (WFP) is an international organization within the United Nations that provides food assistance worldwide. It is the world's largest humanitarian organization and the leading provider of school meals. Founded in 1961, WFP is headquartered in Rome and has offices in 80 countries. As of 2021, it supported over 128 million people across more than 120 countries and territories.
The United States Agency for International Development (USAID) is an independent agency of the United States government that is primarily responsible for administering civilian foreign aid and development assistance. With a budget of over $50 billion, USAID is one of the largest official aid agencies in the world and accounts for more than half of all U.S. foreign assistance—the highest in the world in absolute dollar terms.
Mercy Corps is a global non-governmental, humanitarian aid organization operating in transitional contexts that have undergone, or have been undergoing, various forms of economic, environmental, social and political instabilities. The organization claims to have assisted more than 220 million people survive humanitarian conflicts, seek improvements in livelihoods, and deliver durable development to their communities.
Omidyar Network is a self-styled "philanthropic investment firm," composed of a foundation and an impact investment firm. Established in 2004 by eBay founder Pierre Omidyar and his wife Pam, Omidyar Network has committed over US$1.5 billion to nonprofit organizations and for-profit companies across multiple investment areas. According to the OECD, Omidyar Network's financing for 2019 development increased by 10% to US$58.9 million.
Feed the Children, established in 1979 and headquartered in Oklahoma City, Oklahoma, is a non-profit organization focused on alleviating childhood hunger. Its mission is "providing hope and resources for those without life's essentials." The organization provides food, essentials, education supplies and disaster relief to those in need across the United States and in 8 countries around the world. Domestically, Feed the Children operates five distribution centers located in Oklahoma, Indiana, California, Tennessee and Pennsylvania.
Medair is an international non-governmental organisation (INGO) whose purpose is to relieve human suffering in some of the world's most remote and devastated places. Medair aims to assist people affected by natural disasters and conflict to recover with dignity through the delivery of quality humanitarian aid.
AED, formerly the Academy for Educational Development, was a 501(c)(3) nonprofit organization that focused on education, health and economic development for the "least advantaged in the United States and developing countries throughout the world." AED operated more than 250 programs in the United States and in 150 other countries around the world.
The Sustainable Sanitation Alliance (SuSanA) is a loose network of organizations who are "working along the same lines towards achieving sustainable sanitation". It began its work in 2007, one year before the United Nations International Year of Sanitation in 2008. The intention of creating SuSanA was to have a joint label for the planned activities for 2008 and to align the various organizations for further initiatives.
The Global Health Council is a United States-based non-profit leading networking organization "supporting and connecting advocates, implementers and stakeholders around global health priorities worldwide". The Council is the world's largest membership alliance dedicated to advancing policies and programs that improve health around the world. The Council serves and represents thousands of public health professionals from over 150 countries. They work "to improve health globally through increased investment, robust policies and the power of the collective voice.": According to their website the Council "convenes stakeholders around key global health priorities and actively engages key decision makers to influence health policy."
Rajiv J. "Raj" Shah is an American physician, economist and executive. He is the president of the Rockefeller Foundation and a former government official and health economist who served as the sixteenth administrator of the United States Agency for International Development (USAID) from 2010 to 2015. Shah is the author of the book Big Bets: How Large-Scale Change Really Occurs, which was released by Simon Element on October 10, 2023.
The Committee on Sustainability Assessment (COSA) is a global consortium of development institutions that work collaboratively to advance sustainability learning with systematic and science-based measurement. COSA applies a pragmatic and collective approach for using scientific methods to develop indicators, tools, and technologies to measure the distinct social, environmental, and economic impacts and are applied in performance monitoring, evaluation, return on investment (ROI) calculation, and impact assessment. COSA has a public mission to open its scientific methods and metrics up to widespread use.
GlobalGiving is a 501(c)(3) non-profit organization based in the United States that provides a global crowdfunding platform for grassroots charitable projects. Since 2002, more than 1.6 million donors on GlobalGiving have donated more than $750 million to support more than 33,000 projects in 175 countries.
The International Institute for Sustainable Development (IISD) is an independent think tank founded in 1990 working to shape and inform international policy on sustainable development governance. The institute has three offices in Canada - Winnipeg, Ottawa, and Toronto, and one office in Geneva, Switzerland. It has over 150 staff and associates working in over 30 countries.
Stellar, or Stellar Lumens, is an open-source, decentralized protocol for digital currency to fiat money low-cost transfers which allows cross-border transactions between any pair of currencies. The Stellar protocol is supported by a Delaware nonprofit corporation, the Stellar Development Foundation, though this organization does not enjoy 501(c)(3) tax-exempt status with the IRS.
A central bank digital currency is a digital currency issued by a central bank, rather than by a commercial bank. It is also a liability of the central bank and denominated in the sovereign currency, as is the case with physical banknotes and coins.
Simprints is a nonprofit technology company originating at the University of Cambridge. The company builds biometric identification tools and contactless face scanning solutions to be used by governments, NGOs, and nonprofit organisations serving people in low- and middle-income countries who lack proof of legal identity. The company promotes a portable biometric system designed for front line workers. The technology uses Bluetooth to connect to an Android mobile device that is interoperable with existing mHealth systems such as CommCare, ODK, or DHIS2.
Digital agriculture, sometimes known as smart farming or e-agriculture, is tools that digitally collect, store, analyze, and share electronic data and/or information in agriculture. The Food and Agriculture Organization of the United Nations has described the digitalization process of agriculture as the digital agricultural revolution. Other definitions, such as those from the United Nations Project Breakthrough, Cornell University, and Purdue University, also emphasize the role of digital technology in the optimization of food systems.
The Authority (AFSA) was setup in the year 2006 as a Public organization. The AFSA is solely Responsible for the maintenance and supervision of all major financial activities going on in Albania. The reports from the AFSA are directly submitted to the Albanian Government. The AFSA majorly concerns about the safety and security of the rights of their customers. They also try to bring in reliability, transparency in insurance area, securities and pension funds sector. For all the Interested parties, the AFSA provides high standard of services, expertise and transparency in their work.