Title 22 — Foreign Relations and IntercourseRelease 119-73

§9655 Engagement with investors

Title 22 › Chapter CHAPTER 103— - BETTER UTILIZATION OF INVESTMENTS LEADING TO DEVELOPMENT › Subchapter SUBCHAPTER IV— - MONITORING, EVALUATION, AND REPORTING › § 9655

Last updated Apr 6, 2026|Official source

Summary

The Corporation, through its Chief Development Officer, must work with the USAID Administrator to build ties with private companies so business can help meet development goals. It must focus on attracting private finance, lowering business risks, and backing projects that help poor or fragile places, including very troubled countries. It must follow U.S. policy in section 9611 and USAID’s Joint Strategic Plan and Mission Country Development Cooperation Strategies. To reach these goals, the Corporation must create risk-reduction tools, help structure blended finance deals (mixing public and private funds), support groups that link investors and projects, coordinate with other federal agencies, bring together funders and partners, offer planning help, provide training and knowledge tools, partner with private capital providers, and find and screen new investment partners. It must also coordinate with USAID and other agencies on projects that include technical help.

Full Legal Text

Title 22, §9655

Foreign Relations and Intercourse — Source: USLM XML via OLRC

(a)The Corporation, acting through the Chief Development Officer, shall, in cooperation with the Administrator of the United States Agency for International Development—

(1)develop a strategic relationship with private sector entities focused at the nexus of business opportunities and development priorities;

(2)engage such entities and reduce business risks primarily through direct transaction support and facilitating investment partnerships;

(3)develop and support tools, approaches, and intermediaries that can mobilize private finance at scale in the developing world;

(4)pursue highly developmental projects of all sizes, especially those that are small but designed for work in the most underdeveloped areas, including countries with chronic suffering as a result of extreme poverty, fragile institutions, or a history of violence; and

(5)pursue projects consistent with the policy of the United States described in section 9611 of this title and the Joint Strategic Plan and the Mission Country Development Cooperation Strategies of the United States Agency for International Development.

(b)To achieve the goals described in subsection (a), the Corporation shall—

(1)develop risk mitigation tools;

(2)provide transaction structuring support for blended finance models;

(3)support intermediaries linking capital supply and demand;

(4)coordinate with other Federal agencies to support or accelerate transactions;

(5)convene financial, donor, civil society, and public sector partners around opportunities for private finance within development priorities;

(6)offer strategic planning and programming assistance to catalyze investment into priority sectors;

(7)provide transaction structuring support;

(8)deliver training and knowledge management tools for engaging private investors;

(9)partner with private sector entities that provide access to capital and expertise; and

(10)identify and screen new investment partners.

(c)The Corporation shall coordinate with the United States Agency for International Development and other agencies and departments, as necessary, on projects and programs supported by the Corporation that include technical assistance.

Reference

Citations & Metadata

Citation

22 U.S.C. § 9655

Title 22 — Foreign Relations and Intercourse

Last Updated

Apr 6, 2026

Release point: 119-73