Need for Structural Change Within Philanthropy
Issues in Africa, Asia, the Caribbean and Latin America cannot be solved by merely channelling funds directly to organizations. We need to revolutionize funding practices and narratives, focusing on redistributing decision-making power.
To strengthen the ecosystem, funders must provide core and flexible funding, improve grantmaking speed, and invest in financial infrastructure and leadership development.
The studies urge funders to engage in joint advocacy, nurture networks, and support experimentation and learning to adapt to evolving contexts.