Transforming financing for peace: can philanthropy rise to the challenge?

By: Kristina Preiksaityte | February 2024 | Blog

 

 

Peacebuilding is in crisis. This year begun with wars burning in Gaza, Sudan, and Ukraine – not to mention less-covered but still deadly conflicts from Myanmar to Haiti. Worldwide, diplomatic efforts to end violence are failing while global militarisation continues to ramp up.

Despite the increasing complexity and duration of conflicts, and the critical role peacebuilding plays in interrupting these cycles of violence, financial resources for peacebuilding work are declining. The investments that do occur often do not end up supporting those who are most in need. According to PeaceRep, just 1 percent of international philanthropy is dedicated to peacebuilding – at a time when these investments have never been more essential.

 

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