Peace comes with a price tag. Yet, ensuring right financing for peace has often been an afterthought. To get things right there must be the right amount of finance, using the right financial tools, for the right length of time, in a way that delivers the right incentives for sustained peace securing the right resources to respond to the root causes – of the next conflict, not the last one – and to respond at scale.
How to get the right financing for fragile contexts - policy and guidance on Financing for Stability
Financing for Stability in the post-2015 era
This study and its associated guidance contribute to advancing thinking and understanding about one of the most significant challenges that the international community faces in fragile contexts: how to provide the right financing.
The paper summarises new and emerging instruments and approaches in financing stability and resilience, and points to some of the gaps and challenges that remain in the fragility, resilience and stability space. It is not intended as holistic policy guidance on “how to” engage effectively across international and domestic, public and private instruments in fragile contexts. Instead, the paper is complemented by separate guidance on financing strategies: approaches to better align financing to support the delivery of results at the country-level.
The research acknowledges that there are many high-level strategic debates which have yet to be resolved, which concern the comparative advantage and future role of Official Development Assistance (ODA) within a more diverse division of labour in financing, as well as a huge range of technical and capacity challenges ahead. The analysis, observations and conclusions put forward in this study should be interpreted therefore as preliminary contributions to what is a live and dynamic process of debate and adaptation.
Financing for Stability: guidance for practitioners
This guidance outlines the process for developing financing strategies for fragile contexts: financing for stability. The process includes the concrete steps to take to deliver the financing strategy, accompanied by financing principles, and a range of tactical investments, that allow financing actors to use financing to incentivise certain behaviours and priority investments, and to invest in enabling conditions and public goods.