Overseas Development Institute: Crisis modifiers: a solution for a more flexible development-humanitarian system?
In this paper, Katie Peters, senior research fellow, and Florence Pichon, research officer, both at ODI, discuss how new innovative risk financing options could help make the development aid system more flexible. They write, “This paper showcases evidence from the use of the [Providing Humanitarian Assistance for Sahel Emergencies (PHASE)] crisis modifier and situates crisis modifiers as a potential ‘solution’ for a more flexible aid system — if they are accompanied by a fundamental shift in the way development actors design their programs and respond to predictable risks” (November 2017).