23/05/2016 Press Release
We, the undersigned Multilateral Development Banks (MDBs), are committed to working together, and within our respective institutional mandates, to respond to the global forced displacement crisis and further strengthen our contributions to the development agenda, complementing ongoing humanitarian, diplomatic, security and peacekeeping efforts required to meet the needs of asylum seekers, refugees, Internally Displaced People (IDPs), as well as their countries of origin and host countries.
Recognizing the critical role played by humanitarian actors in this area over the years, our commitment is to work more closely together building on our development experience.
We do this within the context of the “One Humanity” agenda issued by the United Nations Secretary General (UNSG) on February 9, 2016, the ongoing dialogue taking place between MDBs, the UNSG and Heads of UN agencies and the Agenda 2030. The forced displacement crisis poses a substantial threat to the achievement of the Sustainable Development Goals (SDGs) especially for countries of origin and host countries of refugees and IDPs. Our commitment also supports the forced displacement agenda outlined by the G7, G20, and G-77.
We have articulated our response to forced displacement in a joint paper which outlines the specific contribution MDBs can make to address the specific vulnerabilities of people forcibly displaced as well as host communities which have to absorb the shock created by a sudden influx of forcibly displaced people. Our response focuses on socioeconomic opportunities, acceptance and inclusion, as well as economic resilience and/or poverty reduction efforts.
Our mutual commitment to achieve results on the ground is rooted in our mandates and builds on our comparative advantages, namely: our ability to deploy an extensive range of financing, knowledge and advisory services; our capacity to mobilize and leverage public and private financing and foster private sector engagement in response to the crisis; and, our convening power, to enable stronger synergies between national and international stakeholders – including the civil society, while promoting regional cooperation.
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