Financial access in Africa has been on the rise in the last decade. It has a critical role to play in increasing the resilience of households and supporting their livelihoods. Maintaining this role is vital to tackle welfare and income losses stemming from the Covid-19-sparked economic crisis.
The ‘Team Europe’ approach should be a rallying point for the active engagement of EU member states and financial institutions, to respond to the COVID-19 crisis and achieve the Sustainable Development Goals. While keeping its priorities, notably towards a value-based approach, resilient health systems, a greening of the recovery and digitalisation, the EU should put greater emphasis on food security and sustainable food systems. Moreover, women should have a central place in the EU’s global response 2.0.
The authors underline the major challenges the negotiation for the new Multi-Annual Financial Framework may face.
ETTG in collaboration with IFC and UNHCR organizes an half-day event to discuss the role that the private sector can play in providing solutions to empower refugees and their host communities in developing countries, including through innovative approaches towards refugee camps and cities.