The daunting scale of the humanitarian funding gap and the seemingly intractable nature of the many well documented humanitarian financing challenges provided the backdrop for a series of Future Humanitarian Financing (FHF) dialogues held in 2014. Those who took part in these cross-sectoral events, however, repeatedly stressed as grounds for optimism factors such as economic growth, increasing global connectedness, new technologies, innovation in financing and business practices and emerging global norms around the need to manage risk and build resilience. This report represents an effort by members of the Inter-Agency Standing Committee (IASC) Humanitarian Financing Task Team to draw on this spirit of optimism and opportunity to stimulate renewed energy and commitment to resolve longstanding humanitarian financing challenges and to identify new approaches and models of engagement to address the needs of humanitarian crises yet to come.
The Future Humanitarian Financing (FHF) initiative was instigated by CAFOD (Caritas England and Wales), World Vision International and the UN Food and Agriculture Organization (FAO) in order to undertake a horizon scanning exercise to identify opportunities and challenges in financing humanitarian action in the future. The initiative addresses a task under the Inter-Agency Standing Committee (IASC) Task Team on Humanitarian Financing 2014 work plan and attempts to stimulate energy and commitment to resolve longstanding humanitarian financing challenges and to identify new approaches and models of engagement that will address the needs of humanitarian crises yet to come.