A summary on the future humantiarian financing dialogues are now available on http://futurehumanitarianfinancing.org/visioning-the-future/cross-sectoral-dialogues/dialogue-reports/london-summary/ .
- The existing humanitarian architecture is exclusive of many important actors, not least domestic governments and civil society actors. In addition to nation states, networks are increasingly important political and economic actors. Our current approaches are often state-centric and fail to adequately engage networks such as Diasporas, faith and business networks.
- The contributions of existing and potential financing actors are not optimally configured according to comparative advantage and area of responsibility and there are unrealised potential synergies to better align different types of financing investments – notably development, climate and humanitarian.
- Humanitarian actors are not yet taking full advantage of opportunities to benefit from the expertise, capacity, resources and influence of the private sector. There is a need to better understand the specific interests and comparative advantages of private sector actors and to determine areas of ‘shared value’ and opportunities for joint ventures. Humanitarian actors also need to move beyond a generalised rhetoric around improving partnerships to be realistic about working with the private sector and their ability to maintain a principled approach.
- There is an obvious ‘quick-win’ in better use of analysis and forecasting including market analysis currently undertaken by private sector actors.
- There is a compelling need to invest in developing financial products and mechanisms which release funds based on early indicators of crisis.
- Our current approaches to understanding humanitarian needs may not be adequate to understand an increasingly diverse ‘portfolio’ of financial flows and assistance which affected populations may receive, which may include domestic or international humanitarian assistance/relief, government sponsored social protection payments, insurance payouts and remittances.