Innovative Financing Mechanisms for the “Age of Refugees”

Wednesday, May 23, 2018 9:00 AM - 5:00 PM EDT (UTC–04:00)
Private Event: Workshop
May
23
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World Refugee Council

The current global refugee system is both inequitable and unsustainable. Financial contributions to support refugees during a time of crisis are ad hoc, sporadic and insufficient. As a result, countries generously hosting refugees often feel abandoned by the international community while they struggle to provide support for refugees while also experiencing strains on their own infrastructure and social services. States are unlikely to voluntarily make up current and future funding gaps, and ad hoc donor drives and pledging conferences are merely stopgap solutions that fail to make a substantive difference in the long term. Unless new approaches to financing are developed to close the gap, the global refugee response system will become unsustainable as the numbers of refugees and IDPs increase in the decades to come.

The purpose of this workshop is to produce a series of guiding principles, and accompanying policy recommendations and best practices to be considered by the World Refugee Council.