The term 'development diplomacy' has been confused often with diplomacy in international development. On this episode, we take the time to dissect the two, explain their differences and their respective importance in foreign affairs, business and sustainable development.
In September 2017, the International Committee of the Red Cross (ICRC) launched the new endeavour entitled “Humanitarian Impact Bonds” (HIBS) with the intention to sanction money from the private sector towards development in conflict zones. But can this be of benefit? How does it work and if it does work, how do we spread the word? We discuss more about the potential for HIBs in today’s episode.