A New Business Model for Humanitarian Assistance?

In this challenge paper the members of the World Economic Forum’s Global Agenda Council propose a new vulnerability and protection business model for humanitarian assistance. This new model should have six requirements: A comprehensive risk framework; A reworked balance of spending between response, prevention and recovery; A big investment in national and local capacity; Fuller engagement of the private sector; Linking of the humanitarian to broader social and economic development issues; and Regional and international readiness to address cross-border humanitarian issues.