As bank "derisking" persists, areas of dire humanitarian need around the globe are hardest hit. In the case of Yemen, individuals, nonprofit organizations (NPOs) and businesses alike have been adversely affected by this global trend.
A new study from the Humanitarian Policy Group at the Overseas Development Institute (ODI), Counterterrorism, de-risking and the humanitarian response in Yemen: a call for action, examines the impact of derisking on humanitarian organizations in Yemen, and the degree of financial access afforded these groups.In Yemen, bank derisking has prevented Yemeni non-governmental organizations (NGOs) from receiving much-needed funds for humanitarian assistance, especially following the onset of war in March 2015, the study found. Derisking is contributing to the war economy and corruption in the country.
Given the fact that Yemen represents on of the world's largest humanitarian crises, the study highlights the urgent need to address the adverse effects of derisking in the country.
The study makes four recommendations to alleviate this problem, including facilitating the flow of funds through a proportional approach to counter-terrorist financing (CFT), lifting the economic sanctions on Yemen, revitalizing Yemen's central bank, and revisiting American and European CFT policies.
A new report, The Muslim Humanitarian Sector: A Review for Policy Makers and NGO Practitioners, seeks to better understand the barriers to and opportunities for greater cooperation with the Muslim aid and development sector.
Researchers from the British Council and Georgia State University, working under the auspices of the EU Commission's Bridging Transatlantic Voices Initiative, convey insight gained on the history and fugure of engagement between Muslim groups and their counterparts in the mainstream international aid and development sector.
According to the report, a global concensus has emerged that faith-based organizations are in a special position to address "shared global challenges rooted in problems of political conflict, violence, and extremism." Coupled with this are long-standing gaps in communication, knowledge, and practice "between conventional actors and their lesser-known counterparts in Muslim majority contexts" that reduce the capacity for the "effective implementation of policy strategies addressing the nexus of aid, development, and security in the greater MENA region." The current conditions in the region, including political conflict, humanitarian need, and aid flows make this an even more pressing issue.
A new documentary on the impacts of derisking on nonprofit organizations (NPOs) features an interview with Charity & Security Network's Kay Guinane. Produced by Women Peacemakers Program, the 45-minute video, Hold Your Peace, also includes interviews with grassroots women's organizations in Lebanon, Tunisia, Jordan, as well as Transnational Institute's Ben Hayes and Duke University Law School's Jayne Huckerby.
The film outlines the history of the derisking problem from the nonprofit perspective, details the impact of the trend on NPOs, and gives a special focus to grassroots women's organizations.