Innovative Finance for Resilience
Scaling and Supporting Innovative Finance for Resilience in Fragile and Conflict-Prone Regions
Annie Spratt, Unsplash
People living in Fragile and Conflict-Prone Regions are currently facing a triple threat as the impacts of COVID-19 and extreme weather caused by climate change amplify food and water security challenges, disasters and geopolitical instability and conflict. Sustainably recovering from the economic and social impacts of COVID-19 and building resilience to these challenges requires innovation and leadership from a wide group of stakeholders, including the private sector.
Despite investment opportunities, private sector actors often face many challenges in Fragile and Conflict-Prone Regions that are difficult to overcome on their own. To meet this challenge and build resilience in the regions that need it most, the Global Resilience Partnership (GRP) collaborated with the United Nations Development Programme (UNDP) supported by GEF’s Challenge Program for Adaptation Innovation.
From 2022-2024, GRP worked with Lutheran World Relief (LWR)‘s Mountain Harvest in Uganda and the Near East Foundation (NEF) in Sudan to provide small-scale farmers access to fairly-priced loans, as well as change perceptions around the risk they represent, and further foster stability.
GRP provided technical assistance, worked to help de-risk these enterprises for other funders, and brought about more accessible, fairly priced capital.
GRP selected to work with Lutheran World Relief (LWR)‘s Mountain Harvest and the Near East Foundation (NEF) from a call for Expressions of Interest.
