Innovative Financing for Humanitarian Action in Africa in the Context of the Agenda 2063 and the Post 2015 Sustainable Development Goals

  • Date: 13 July 2015, 10:00am - 12:30pm
  • Location: Elilly Gada Hall

Organised by

Emergency Preparedness and Response Sub-Cluster

Co-Chaired by UNOCHA and African Union Commission (Department of Political Affairs)

Summary

The 3rd Financing for Development (FFD3) is expected to be a high level deliberative forum for mobilizing international solidarity to achieve the SDGs soon to be agreed, FFD3 will take place in a context of shifting global economics in which drawbacks in Western countries contrast with sustained economic growth in Africa and the rise of emerging economic centers in the global south. At the same time, there is a shared understanding between states and other development actors that failure to prevent or address systematically conflict and natural disasters could reverse the hard gains of development. The link between development and humanitarian action has never been as strong as today. However, despite the protracted nature of conflict and the recurrence of natural shocking events, resources form traditional humanitarian funding streams are not keeping pace with the exponentially growing humanitarian needs, alternative and supplemental funding sources are yet to be fully explored and innovative partnerships to be harnessed. With a focus on Africa, this side event will debate how to close the humanitarian-development and how FFD3 can be leveraged to address the specific challenges of humanitarian funding through renewed commitments, adequate institutional arrangements and inclusive partnerships.

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