A new business model for humanitarian assistance? A challenge paper

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 has 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
  • regional and international readiness to address cross-border humanitarian issues