The Role of Financial Services in Humanitarian Crises

Humanitarian crises pose a formidable development challenge. Whether caused by conflict, natural disaster, climate-related events, or some combination of the three, crises have been steadily increasing in frequency, severity, and complexity. While...

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Main Authors: El-Zoghbi, Mayada, Chehade, Nadine, McConaghy, Peter, Soursourian, Matthew
Format: Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2017
Subjects:
Online Access:http://documents.worldbank.org/curated/en/687701493270597254/The-role-of-financial-services-in-humanitarian-crises
http://hdl.handle.net/10986/26511
id okr-10986-26511
recordtype oai_dc
spelling okr-10986-265112021-05-25T08:59:51Z The Role of Financial Services in Humanitarian Crises El-Zoghbi, Mayada Chehade, Nadine McConaghy, Peter Soursourian, Matthew CRISIS FINANCIAL SERVICES VULNERABILITY RESILIENCE DONOR ENGAGEMENT CRISIS-AFFECTED POPULATIONS Humanitarian crises pose a formidable development challenge. Whether caused by conflict, natural disaster, climate-related events, or some combination of the three, crises have been steadily increasing in frequency, severity, and complexity. While the nature and incidences of these crises vary significantly, they affect millions of people, particularly the most vulnerable. Some populations are displaced from their communities or countries as a result of crises; others stay where they are, by choice or necessity, and must navigate unpredictable and dangerous environments. Forced displacement is becoming more common and more protracted. In December 2015, The majority remains within their country (IDMC 2016). In this context, this paper seeks to enhance the knowledge of policy makers and donors on the role of financial services mitigating humanitarian crises by synthesizing existing empirical evidence as well as operational lessons from programmatic evaluations. Where evidence is strong enough, the paper recommends actions that policy makers and donors can take to improve the provision of financial services to crisis-affected populations. The paper also identifies future research and policy priorities. The proposals outlined in this paper, which was funded by the State and Peace-Building Fund within the World Bank Group, directly supports our broader objective of promoting diversified, efficient, and inclusive financial systems at the global and country levels. Continued collaboration across sectors, institutions, and borders is the only way that the global development community will be able to address the immense challenge of forced displacement in a sustainable manner. The detailed analysis in this paper will provide invaluable guidance to the World Bank Group’s country operations as well as to our development partners. 2017-05-05T20:44:06Z 2017-05-05T20:44:06Z 2017-04 Working Paper http://documents.worldbank.org/curated/en/687701493270597254/The-role-of-financial-services-in-humanitarian-crises http://hdl.handle.net/10986/26511 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Working Paper Middle East and North Africa Lebanon
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic CRISIS
FINANCIAL SERVICES
VULNERABILITY
RESILIENCE
DONOR ENGAGEMENT
CRISIS-AFFECTED POPULATIONS
spellingShingle CRISIS
FINANCIAL SERVICES
VULNERABILITY
RESILIENCE
DONOR ENGAGEMENT
CRISIS-AFFECTED POPULATIONS
El-Zoghbi, Mayada
Chehade, Nadine
McConaghy, Peter
Soursourian, Matthew
The Role of Financial Services in Humanitarian Crises
geographic_facet Middle East and North Africa
Lebanon
description Humanitarian crises pose a formidable development challenge. Whether caused by conflict, natural disaster, climate-related events, or some combination of the three, crises have been steadily increasing in frequency, severity, and complexity. While the nature and incidences of these crises vary significantly, they affect millions of people, particularly the most vulnerable. Some populations are displaced from their communities or countries as a result of crises; others stay where they are, by choice or necessity, and must navigate unpredictable and dangerous environments. Forced displacement is becoming more common and more protracted. In December 2015, The majority remains within their country (IDMC 2016). In this context, this paper seeks to enhance the knowledge of policy makers and donors on the role of financial services mitigating humanitarian crises by synthesizing existing empirical evidence as well as operational lessons from programmatic evaluations. Where evidence is strong enough, the paper recommends actions that policy makers and donors can take to improve the provision of financial services to crisis-affected populations. The paper also identifies future research and policy priorities. The proposals outlined in this paper, which was funded by the State and Peace-Building Fund within the World Bank Group, directly supports our broader objective of promoting diversified, efficient, and inclusive financial systems at the global and country levels. Continued collaboration across sectors, institutions, and borders is the only way that the global development community will be able to address the immense challenge of forced displacement in a sustainable manner. The detailed analysis in this paper will provide invaluable guidance to the World Bank Group’s country operations as well as to our development partners.
format Working Paper
author El-Zoghbi, Mayada
Chehade, Nadine
McConaghy, Peter
Soursourian, Matthew
author_facet El-Zoghbi, Mayada
Chehade, Nadine
McConaghy, Peter
Soursourian, Matthew
author_sort El-Zoghbi, Mayada
title The Role of Financial Services in Humanitarian Crises
title_short The Role of Financial Services in Humanitarian Crises
title_full The Role of Financial Services in Humanitarian Crises
title_fullStr The Role of Financial Services in Humanitarian Crises
title_full_unstemmed The Role of Financial Services in Humanitarian Crises
title_sort role of financial services in humanitarian crises
publisher World Bank, Washington, DC
publishDate 2017
url http://documents.worldbank.org/curated/en/687701493270597254/The-role-of-financial-services-in-humanitarian-crises
http://hdl.handle.net/10986/26511
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