ERC Starting Grant · 2023
Refugee Finance: Histories, Frameworks, Practices
Over the last decade, following a general decline in aid from traditional bilateral and multilateral donors, the international community has dramatically changed the way in which it seeks to fund humanitarian responses to refugee flows, with an increasing reliance on 'refugee finance'. Refugee finance is the term used to refer to new financial instruments aimed at attracting private capital: refugee bonds, technical assistance funds and concessional loans. These instruments are promoted by international organizations, international financial institutions and states as inevitable solutions to the societal challenges raised by large-scale refugee flows. However, we know very little about the…
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