WHAT ARE POOLED FUNDS?
Pooled funds are multi-donor humanitarian financing mechanisms aiming to provide a flexible and response source of financing for emergencies. Pooled funding mechanisms, often managed by a fund manager or Secretariat, have received an increased investment from donors in recent years.
WHAT ARE SOME EXISTING POOLED FUNDS?
Overall UN managed pooled funds, including the Central Emergency Response Fund and Country Based Pooled Funds channeled US1.3 billion in 2015, representing a 28% increase from 2014.
Central Emergency Response Fund (CERF)
Contributions to the CERF totaled US439 million in 2016. As of late 2016, the CERF is directly only accessible to UN agencies. NGOs can, however, access CERF funding through implementing partnerships with UN-agencies (For more information on NGO partnerships with the UN, see Topic Two….). In light of the Secretary General’s call at the World Humanitarian Summit to double annual CERF disbursements to US1billion, many NGOs are calling for the CERF to become directly accessible to NGOs.