Peter Maurer’s Post

Glad we joined the World Economic Forum ’s Humanitarian and Resilience Investing Initiative, which launched last week a global #calltoaction to mobilize $10 billion in commercial and catalytic capital to enable 1,000 local and international businesses in frontier markets to scale their operations by 2030. Providing immediate and urgent relief is necessary in acute crises, but there is also a need to complement it with a sustainable market-based approach. Market-driven solutions can strengthen local economies, respond to the systemic challenges faced by underserved communities living in extreme poverty, and reduce overall aid dependency. The private sector has the potential to uplift people out of poverty reaching sustained, inclusive progress. It is imperative to find new models that foster increased and more effective international cooperation. Pioneers are already demonstrating ways to successfully operate and scale in the world’s most underinvested markets, paving the way for more market participants to follow suit. The call to action aims to better integrate collaboration between key stakeholder groups along the investment continuum, focus on impact-adjusted returns, and increase transparency and measurement of financial and impact performance. https://lnkd.in/e723rbhN Kelly T. Clements Jerome Nhan Nishan Prasana Krishnapalan Irene Sun Diego Hakspiel #HRI #SDMI23

Aid will always remain necessary in acute crises. However, to respond to growing fragility and fragmentation, we need to complement established crisis response efforts with a sustainable market-based approach and strategic public-private partnerships to unlock the opportunities in frontier markets. ODI describes five ways to help increase investment in fragile places: ✔ Work with the local private sector ✔ Put staff on the ground ✔ Don’t just work through intermediaries, make it worth their while ✔ Establish a team dedicated to deals in fragile contexts ✔ Work together Read the full article here: https://lnkd.in/eCt5j59Y #HRI #impactinvesting Andrew Herscowitz Andrej Kirn Diego Hakspiel

In 2022, at least 153 million people were estimated to need humanitarian assistance as a result of #ClimateChange. New report on Financing Social Services in Humanitarian Settings looks at how climate change adds to the scale of humanitarian crises. How can humanitarian, development, and climate finance be better aligned to ensure timely and quality social services during emergencies? This #EarthDay learn more about how humanitarian, development, and climate finance can be better aligned to ensure timely and quality social services during emergencies ➡ https://uni.cf/493nB9p

When disaster strikes, mobile connectivity becomes a lifeline 📱 2023 witnessed the highest number of humanitarian crises in a decade, driven by conflict and climate change. The GSMA Mobile for Humanitarian Innovation Programme responded by: 📱 Engaging with the mobile industry 💵 Funding innovators 🤝 Supporting governments and regulators ➕ And more! Read about the programmes impact and activities in 2023: https://bit.ly/3JmZoR1 #HumanitarianInnovation #UKAid

When disaster strikes, mobile connectivity becomes a lifeline 📱 2023 witnessed the highest number of humanitarian crises in a decade, driven by conflict and climate change. The GSMA Mobile for Humanitarian Innovation Programme responded by: 📱 Engaging with the mobile industry 💵 Funding innovators 🤝 Supporting governments and regulators ➕ And more! Read about the programmes impact and activities in 2023: https://bit.ly/3JmZoR1 #HumanitarianInnovation #UKAid

💡 Exploring the Evolution of Humanitarian Response: How are systems adapting to climate challenges in communities facing fragility and conflict? GNDR Executive Director, Marcos Concepcion Raba shared valuable insights at the USAID - Bureau for Humanitarian Assistance #COP28UAE event on 'Transforming Humanitarian Assistance in the Face of Climate Crisis,' highlighting the existing and significant capacities of communities that GNDR is fortunate to work with. 💬 How can we translate these insights into actionable strategies for a more resilient humanitarian response? By breaking down barriers to access, tailoring financing mechanisms accordingly, and, crucially, ensuring that every thread of new and existing adaptation and mitigation finance is conflict-sensitive, particularly in fragile settings. ➡ More: https://lnkd.in/dASz-T8U

Over the past two decades, protracted conflicts, humanitarian needs, increasing frequency of disease outbreaks and heightened geopolitical tensions have continued to proliferate. Emerging crises – compounded by climate change and global financial pressures – add to the complexity of humanitarian needs. IOM puts the safety, dignity and protection of people first in the most challenging crisis response contexts in the world. As displacement rises to record levels, we need support more than ever before to meet the needs of the most vulnerable. 👉 Learn more: https://lnkd.in/eGaXxK_P

By 2030, nearly 60% of the world's poor will reside in countries classified as fragile and conflict-affected situations. The challenges posed by chronic instability, civil wars, the pandemic, and climate disasters demand innovative solutions from all sectors.  I addressed this at the World Bank's Fragility Forum 2024 today in Washington DC. One key takeaway from the discussion is how private sector companies and humanitarian and development actors need to find better ways of working together. The private sector has a crucial role to play in supporting transitions out of fragility. However, challenging investment conditions often limit their ability to contribute effectively. We need innovative approaches, de-risking tools, and partnerships to unlock the full potential of private sector investments in these contexts.  Furthermore, there is a need to shift mindsets towards investing in fragile and conflict-prone areas. Humanitarian actors must be involved sooner and collaborate  around peace investments.  Strengthening incentives, structures, and capacities for actually building sustainable peace.  At Danish Refugee Council / Dansk Flygtningehjælp, we prioritize conflict sensitivity and analysis in all our interventions. Our approach is bottom-up and inclusive, ensuring that our peacebuilding activities are tailored to the specific needs of each context.  Let's continue working together to build a more resilient and peaceful future for all. #FragilityForum2024 #Peacebuilding #Resilience #PrivateSectorEngagement. Many thanks to Faheen Allibhoy, Managing Director at JP Morgan, Ibrahim Salau, SEP, HCSE Director at BUA Cement Plc., Frederik Teufel from African Development Bank Group and the great moderator Jumoke Jagun-Dokunmu from IFC - International Finance Corporation for a fruitful and productive conversation!

The disparity between global humanitarian needs and the available cash funding has reached alarming levels. A holistic approach to addressing this includes proactive investing in climate adaptation and resilience, effective utilization of nonfinancial contributions, and diversifying funding sources. Read up on the perspective from Camille McConaughy, David Young, and Soeren Palumbo here

The humanitarian, peace and development nexus. Thinking sustainable solutions at the onset of the emergency. It is the new way of doing things.