The Consultative Group to Assist the Poor (CGAP) has successfully proven through a decade of experimentation that the Graduating the Poor Initiative is one of the most effective means of helping the poorest families transition out of extreme poverty. With this accomplishment, CGAP is now handing the program over as the foundation for a new platform at the World Bank.
The Partnership for Economic Inclusion (PEI) will be hosted by World Bank’s Jobs Group of the Social Protection and Jobs Global Practice. PEI will work with governments to help them implement and scale up graduation-style programs. It will also encourage and track results of the many innovations that are underway to serve segments such as vulnerable youth and refugees and forcibly displaced people.
The partnership will have independent governance and its leadership will come from the World Bank, CGAP and graduation experts from around the world.