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Invest According to Risk: Analytical Paper on WHS Self-Reporting on Agenda for Humanity Transformation 5B

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World
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SEEDS
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Executive Summary:

Transformation 5B of the Agenda for Humanity is a commitment to ‘Invest more in crisis prevention and building community resilience in the areas most at risk, including from disasters and the impacts of climate change.’2 The majority of the 41 stakeholders who pledged commitments to this transformation at the World Humanitarian Summit are Member States, along with a limited number of UN agencies, NGOs, faith-based organisations and others. This paper reflects progress on these commitments using self-reports from stakeholders available on the Platform for Action, Commitments and Transformations (PACT).
A total of 62 report records were considered for this analysis.3 While both disaster risk reduction (DRR) and greater cohesion of resilience elements feature as part of the rationale of those stakeholders reporting, the actions themselves are (for the most part) distinctly focused on one area or the other, with very few bridging mechanisms. The humanitariandevelopment divide continues to pose challenges in overcoming this gap.
The commitments focus mostly on financing with some concentrating on policy, operational and capacity strengthening. Significant progress can be noted on the volume of funding for disaster and climate change and in the investment in financing mechanisms such as insurance. A few prominent examples of institutional changes to better bridge humanitarian and development work, such as those undertaken by France, offer models to emulate.
In taking transformation 5B forward, a greater common understanding of resilience will play a key role. Standard progress markers need to be developed to ensure that allocated funds are best put to use. Finally, the funding commitments may need to be fine-tuned to the practicalities and realities on the ground. This is best driven by local leadership to ensure effective implementation. Consideration should be given to using funds to strengthen local capacity to support the involvement of national and local actors in this work.