Private Sector Initiatives in Forced Displacement Contexts : Constraints and Opportunities for Market-based Approaches
The number of forcibly displaced persons has been rising in recent years, and many displacements have become protracted. However, public resources available to assist individuals and families have dwindled, exacerbating already strained situations....
| Main Authors: | , , |
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| Format: | Brief |
| Language: | English |
| Published: |
International Finance Corporation, Washington, DC
2021
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/960581621863552933/Private-Sector-Initiatives-in-Forced-Displacement-Contexts-Constraints-and-Opportunities-for-Market-based-Approaches http://hdl.handle.net/10986/35667 |
| Summary: | The number of forcibly displaced persons
has been rising in recent years, and many displacements have
become protracted. However, public resources available to
assist individuals and families have dwindled, exacerbating
already strained situations. Amid this backdrop, private
sector initiatives have emerged to help create jobs both for
displaced people and their host communities. While
market-based approaches in refugee contexts are still new,
initiatives in several countries have demonstrated the
valuable role that private sector firms and investors can
play. This note discusses examples of these market-based
initiatives, related challenges, and conflict-sensitive
approaches for overcoming these challenges. The note also
discusses the important role that development agencies can
play in de-risking private sector development through
market-creating strategies, partnerships, and blended
concessional finance. |
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