Friday 09 December 2022 - 10:39:41 pm
International
2022 Dec 09 Fri, 06:02:00 pm

New IFC and UNHCR initiative to boost private sector engagement for refugees and their host communities

GENEVA, 9th December, 2022 (WAM) -- The International Finance Corporation (IFC) and UNHCR, the UN Refugee Agency, today announced a joint initiative to create inclusive economic opportunities that will benefit refugees and their host communities. Among other goals, the initiative aims to mobilize private sector projects over the next five years to demonstrate the viability of investments in forced displacement contexts.Forced displacement is a growing crisis that is too large and complex for governments and humanitarian agencies to solve alone. By mid-2022, over 103 million...