The Global Assets Project, launched in 2006, is a collaborative effort of the Center for Social Development and the New America Foundation. Its ultimate goal is poverty alleviation through asset accumulation. The Global Assets Project strives to influence public policy and implement new asset-building programs through research, and attempts to integrate the key elements of microfinance, financial education, social policy and commercial financial services. There are currently asset-building initiatives in 5 continents and 14 countries around the world.