Public Private Partnership in International Development for Central America
Partnership for Central America
Founded
2021; 3 years ago (2021)
Fields
Public Private Partnership International Development
Board of directors
Ajay Banga, Board Co-Chairman; Blanca Treviño, Board Co-Chair; Ray Chambers, Vice-Chairman; Luis Alberto Moreno; Hamdi Ulukaya; Klaus Schwab; Brad Smith; Jack Leslie; Michelle Nunn; Guillaume Le Cunff, Helene Gayle; Michael Froman
Key people
Jonathan Fantini Porter, Executive Director and CEO
Affiliations
Memorandum of Understanding with U.S. State Department, USAID, and the World Bank
Funding
$3.2 billion in commitments (as of January 2023).[1]
Website
www.centampartnership.org
The Partnership for Central America (PCA) is a public–private partnership focused on economic development in the Northern Triangle of Central America to address the economic roots of migration with job creation and social programs.[2] The Partnership is a registered 501(c)3 non-profit organization that was launched in May 2021 with Vice President Kamala Harris in support of the White House Call to Action to the Private Sector to Deepen Investment in the Northern Triangle.[3]
The Partnership cites 75 strategic partners, including the U.S. Department of State, U.S. Agency for International Development, Accion, Chobani, Davivienda, Duolingo, Bancolombia, Harvard T.H. Chan School of Public Health, Mastercard, Microsoft, Nespresso, Pro Mujer, Tent Partnership for Refugees, Bush Presidential Center, World Economic Forum, CARE International, Visa, Millicom, Grupo Mariposa, PriceSmart, the World Bank Group, Inter-American Development Bank.[4] The partnership has a Memorandum of Understanding (MOU) with the U.S. Department of State and USAID.
The organization is co-chaired by Ajay Banga and Blanca Trevino and led by Jonathan Fantini Porter. On February 23, 2023, Banga was nominated by President Joe Biden to lead the World Bank.[5][6]
^"THE PARTNERSHIP FOR CENTRAL AMERICA: ENCOURAGING ECONOMIC DEVELOPMENT". University of Virginia. University of Virginia. Retrieved 2 January 2023.
^"Call to Action for Central America". White House. White House. Retrieved 2 January 2023.
^"Vice President Kamala Harris Announces New Commitments". White House. White House. Retrieved 2 January 2023.
^Rappeport, Alan; Davenport, Coral (23 February 2023). "U.S. Nominates Ajay Banga to Lead World Bank". The New York Times. ISSN 0362-4331. Retrieved 25 February 2023.
^House, The White (23 February 2023). "President Biden Announces U.S. Nomination of Ajay Banga to Lead World Bank". The White House. Retrieved 25 February 2023.
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