IOM has many years of experience implementing Cash-Based Interventions (CBIs) across multiple departments and programmes. Globally, and particularly following the Grand Bargain commitments, there is a growing interest among humanitarian and development partners to increase the use of CBI modalities to provide assistance through the delivery of cash and vouchers to people affected by crises.
Developments within the financial sector and the arrival of new technologies allow for easier, faster and more transparent money transfer solutions Whilst responses must be based on a solid understanding and assessment of the needs, context, market and operating environment, CBIs can often be an effective and efficient response option to meet project objectives while empowering affected individuals and communities and contributing to the recovery of local markets.
Well-designed CBIs can be more cost-efficient than other modalities and allow for better accountability and traceability. They also give aid recipients freedom and dignity to choose commodities and services in accordance with their unique needs.
These interventions can be used for several purposes and to deliver different programmatic objectives, including shelter and non-food items, as well as livelihood, water, sanitation and hygiene and camp coordination and camp management services.
In 2019, IOM implemented Cash-Based Interventions in 28 countries, reaching approximately 917,000 individual beneficiaries, a 26 per cent increase from 2018. At the field level, IOM has a leading role in Cash Working Groups and Cash Consortium in four countries.
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