Because of cash’s power to remain operational and accessible in some of the world’s most challenging crisis situations, CashEssentials will be participating in the 2019 Humanitarian Networks and Partnership Week (HNPW) from February 4-8 in Geneva, Switzerland.
This yearly international event that brings together public and private sector actors from the UN, NGOs, Member States, the military and academia, is the ideal setting to discuss and collaborate on issues facing the humanitarian sector.
One might think: what does cash have to do with the humanitarian world? Well, surprisingly a lot! Indeed, the number of not-for-profit and international organizations that have been switching to cash transfer programming or universal basic income with the help of cash has shed new light on the world’s longest standing payment tool.
UNICEF reports in “Wrapped Up Warm” how cash aid has been not only beneficial for families living in refugees camps, but how these programs also indirectly benefit the local economy. Even when it comes to natural disasters, cash has proven to be the first of its class when it comes to aiding victims, as the example with Hurricane Harvey in the US shows. Point in case: the OECD encourages such practices in its “Cash-Based Response” report, stating that in the right context, cash can be more effective, efficient, and cheaper than in-kind aid, while benefiting the local economy.
At HNPW, CashEssentials will have the opportunity to present its Cash&Crises educational videographic series that will be launched in time for the conference. The series, which will be posted both on the CashEssentials website and it YouTube channel on a monthly basis, is designed to present the nuts and bolts of the cash industry and the logistics behind it to be best applied in crisis situations.
So stay tuned of the launch of our new Cash&Crises webpage and educational videographic series!