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The Future of Financial Assistance

About the Future of Financial Assistance Report

In 2019, the Future of Financial Aid mapped out the potential scenarios for how financial assistance might look in 2030, the key drivers influencing these changes, and what this will mean for humanitarian action.

Why is this useful?

Because change is happening rapidly in the humanitarian sector, with the scale-up of Cash and Voucher Assistance (CVA) acting as a further catalyst. These changes have implications for the way humanitarians plan and deliver programmes, and optimize results for crisis affected people.

The report provides support to actors to think through how opportunities and challenges may evolve, and how they could better prepare for the delivery of effective assistance in future.

The Future of Financial Assistance: Key Findings

What will the CVA landscape look like in 2030?

The Future of Financial Assistance report outlines four potential scenarios:

In the control scenario governments lead financial assistance with a high degree of control over other actors and eligibility criteria.

In the chaos scenario end-user trust has been eroded by a lack of coordination and funding for a comprehensive response based on needs and standards.

In the emergent scenario new networks of humanitarian actors drive innovation in a deregulated environment.

In the synergy scenario multiple interoperable modalities for financial assistance are coordinated under an umbrella of common principles and standards.

These scenarios can be used to inform strategic planning, and to ensure that we can continue to meet the needs of crisis affected people in a way that maximizes the impact of limited humanitarian resources.

The piece concludes that (a) significant change is urgently needed – new partners, new tools, new modes of collaboration, (b) change must be drive by what’s needed, not what we’d like to offer and (c) humanitarian actors are one piece of a complex puzzle – we need to work differently with governments, the private sector and with recipients to better understand where we can and must add value.

The report is a must read for humanitarians seeking to deliver more efficient, effective, accountable, people-centred and future-fit financial assistance.

Key Resources