Risk Sharing Platform - January 2022 Update

On 18 January 2022, the ICRC, the Netherlands and InterAction convened a meeting of the Risk Sharing Platform, as indicated in a communication shared with the Signatories in November 2021. The meeting brought together risk management experts and policy leads, including representatives from donors, INGOs, L/NNGOs, UN agencies, Red Cross/Red Crescent Movement, as well as research institutes.

The meeting was a first step to accelerate collective efforts to advance a new approach to risk management, one designed to enable and facilitate the delivery to people in need. Building on previous work, the platform participants discussed key considerations around a framework to improve risk acceptance and enable risk sharing. They also explored opportunities to identify good practices and share learning, as well as develop messages on how risk sharing contributes to advancing the localization and quality funding agendas.

The insights shared in the meeting will inform the next steps and activities. In coming months, additional meetings will be convened to take this work forward.