Leveraging Cash Approaches for Resilience and Protection During Climate Crises

Humanitarian needs are at an all-time high, with 339 million people requiring urgent assistance due to conflicts, rising food prices, and climate change impacts. To address these challenges, Anticipatory Action (AA) and Social Protection measures offer effective solutions. By investing in early warning systems and leveraging social protection, billions of dollars in losses can be avoided annually. The Collaborative Cash Delivery Network Humanitarian Talk highlighted the benefits of Cash Voucher Assistance (CVA) in facilitating quick and dignified responses, revitalizing local markets, and supporting community livelihoods.

Ms. Le Thi Dan, a 74-year-old woman living alone in Thuan Hoa commune, was one of the program participants who benefitted from the ECHO-funded Anticipatory Action project. Source: World Vision

Unlocking Resilience through CVA: A consortium project in Vietnam showcased the positive outcomes of CVA in helping vulnerable communities prepare for and cope with impending disasters. Ms. Le Thi Dan, for instance, utilized cash assistance to invest in water storage, medicine, and food supplies, enhancing her access to vital resources and stabilizing her livelihood. CVA not only fosters resilience but also reduces daily challenges faced by individuals.

Challenges and Lessons for Effective AA: While AA has demonstrated success, challenges remain. Policy frameworks must emphasize the complementarity between Social Protection and Disaster Risk Management, with greater coherence and explicit provisions for utilizing national social protection systems. Effective communication, engagement, and capacity building among stakeholders are crucial for connecting AA with existing frameworks. Adopting a complementary approach that integrates Anticipatory Action, Disaster Risk Management, and Social Protection maximizes resources and intervention synergies.

Cash Voucher Assistance proves to be a cost-efficient means of building resilience and strengthening the humanitarian-development-peace nexus. Collaborative efforts among local communities, NGOs, scientific institutions, and governments are essential for its success. Strengthening institutional capacities, enhancing coordination, and investing in local organizations are vital steps towards realizing the potential of CVA. By aligning humanitarian and development efforts, reducing funding redundancies, and maximizing the efficacy of cash approaches, we can save lives, protect assets, and provide vital support during climate change disasters.

Read the full article on the website of World Vision: