Commitment to Action

New Financial Models for Humanitarian Response

Commitment by

Start Network

In 2015, the Start Network and its partners committed to improving the way the humanitarian sector responds to disasters by developing a layered menu of funding mechanisms to enable faster and more effective response by non-governmental organizations (NGOs). To do so, the Start Network will: 1) scale the Start Fund, the first NGO-managed pooled fund for rapid humanitarian response which releases funds within 72 hours of the declaration of a small-medium scale crisis, such as a landslide or flood, and 2) pilot and scale three new financial mechanisms to enable NGOs to respond to high impact events, such as drought and epidemics. Over a three year period, the products will be tested and scaled, and they will be made available to the 24 NGOs that comprise the Start Network.

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Overview
Summary

Commitment

New Financial Models for Humanitarian Response

Launched

2015

Est. Duration

2 years

Estimated Total Value

$66,280,000

Region

Asia, Africa

Countries

AFGHANISTAN, BANGLADESH, BENIN, BURKINA FASO, BURUNDI, CAMEROON, CENTRAL AFRICAN REPUBLIC, CHAD, COLOMBIA, Democratic Republic of the Congo

Commitment by

Start Network

Partner(s) of the Commitment Maker(s)

International Medical Corps, Box.com, Concern Worldwide, Airbnb, Inc., African Risk Capacity, Clyde & Co LLP, Dentons LLP, GlobalAgRisk, i for change, Oxfam GB, World Vision