I rise today to discuss the Global Development Lab and the legislation I am introducing along with Senators Boozman, Coons, and Isakson that codifies the Global Development Lab and provides the U.S. Agency for International Development, USAID, with the flexibility it needs to make the Lab the gold standard in global development innovation. This year, the Office of Science & Technology and the Office of Innovation & Development Alliances at USAID were abolished to pave the way for the Global Development Lab--a new approach to invest, test, and bring to scale more effective solutions to the world's biggest development challenges. The Global Development Lab partners with entrepreneurs, experts, nongovernmental organizations, NGOs, universities, and science and research institutions to solve development challenges in a faster, more cost-efficient, and more sustainable way. The lab utilizes a pay-for- success model, which uses science, technology, and innovation-driven competitions to expand the number and diversity of solutions to development challenges. This means that instead of issuing grants or contacts, USAID can give a competitor an award only after the objectives of the competition have been achieved. The lab already has an impressive 32 cornerstone partners. These partners are businesses, NGOs, foundations, universities, and governments--all of whom are committed to sharing information and expertise and to bringing innovative development projects to scale.…
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