Co-convened by the UN Secretary-General’s High Level Panel on Humanitarian financing and the Government of the United Kingdom
Sponsored by UNOCHA and the World Humanitarian Summit Secretariat
The past decade has seen a massive increase in humanitarian spend. In 2014, 102 million people estimated to be in need of humanitarian assistance, an increase of 25% compared with the previous year. Despite growing donor support, 2014 saw a record gap of US$7.7 billion between requirements and contributions. Addressing this growing gap is a major challenge. Increasing the volume of assistance designed to tackle major crises will be one part of the solution. But it won’t be enough. It will be critical to make sure that resources are allocated to reduce the risk of crises happening in the first place, and to ensure that we are using the best combination of financing instruments to address mounting risk.
The coming year presents an unprecedented series of opportunities to forge a new vision of how to ensure adequate and predictable finance is in place to tackle humanitarian risk. This side event builds on the emerging outcomes of the Financing for Development in this area. By bringing together leading actors from national governments, the United Nations, World Bank, the donor community and the private sector it will aim to identify the key elements of a new framework for financing risk.
For inquiries regarding this side event, please contact