We are pleased to profile a few of the powerful pledges made towards the GRF Mutlistakeholder Pledge on Economic Inclusion and Social Protection. Keep an eye on this page for additional pledges in the coming year.
Refugee Investment Facility Pledge
The Refugee Investment Facility is a collaboration between the Danish Refugee Council and iGravity created to channel capital and technical assistance to private enterprises in refugee hosting areas to support and incentivize their positive impact on job creation, skills development, and access to products and services for refugees and their host communities. The Refugee Investment Facility pledges to invest in a minimum of 10 refugee supporting business across Uganda and Jordan (and potentially other countries affected by forced displacement) by 2027, reaching a minimum of 27,000 refugees and host community members through the business activities of its investees, and grow the field of learning and documentation on the potential of investment approaches to contribute to solutions for displacement affected populations.
The Refugee Investment Facility is supported by the IKEA Foundation, the Conrad N. Hilton Foundation, the Novo Nordisk Foundation, ECHO – EU Humanitarian Aid, The Danish Ministry of Foreign Affairs (Danida) and Missionary Sisters of the Sacred Heart of Jesus. For more information, see: Investment | Refugee Investment Facility
Displaced Livelihoods Initiative Pledge
IPA and J-PAL, with funding from the IKEA Foundation, are supporting at least 20 rigorous impact evaluations and related projects on sustainable livelihoods for displacement-affected populations through the Displaced Livelihoods Initiative. In addition, IPA and J-PAL will: a) invest in new and existing partnerships with major displacement actors working on pathways to livelihoods and self-reliance for displacement-affected populations; b) translate supported research into practice and influence by sharing results strategically and equipping decision-makers to use this evidence in the design of policies and programs; and; c) host at least four research incubator workshops designed to introduce implementing partners, who have identified important policy and programming questions, to the fundamentals of rigorous impact evaluations. These workshops will support implementer teams in the process of designing research projects and build the capacity of partners to participate in rigorous research. Throughout, IPA and J-PAL are committed to supporting the work of those with lived experience of displacement and local researchers, as well as investing in local partnerships. For more information, visit: https://poverty-action.org/displaced-livelihoods-initiative.
Poverty Alleviation Coalition Pledge
The Poverty Alleviation Coalition, is a coalition of UNHCR, the World Bank, Partnership for Economic Inclusion and 16 NGOs, including: AVSI, BOMA, BRAC, Caritas Switzerland, Concern Worldwide, DRC, Fundación Capital, Goal, HIAS, IPA, Mercy Corps, NRC, RSRI, Trickle-Up, Village Enterprise, World Vision. Collectively, the coalition is working to increase self-reliance, economic and social inclusion of extremely poor refugees and host community members using the well-proven graduation approach. The coalition pledges to collectively reach 190,000 refugees and host community members by 2027 through graduation programing. For more information, visit: https://alleviate-poverty.org/
Tent Partnership for Refugees Pledge
The Tent Partnership for Refugees (Tent) remains dedicated to galvanizing the global business community to support the economic inclusion of refugees. From 2020 to 2023, Tent mobilized 150 businesses to publicly pledge to provide jobs, training, and mentorship to refugees across Europe, North America, and Latin America. These businesses pledged to:
Hire 37,600 refugees directly into their workforces
Connect 170,000 refugees to work
Provide training opportunities to 131,110 refugees
Provide mentorship to 8,050 refugees
Tent is grateful to all companies that have made these pledges possible to integrate refugees into their new communities, and looking ahead, our continued mission includes supporting these businesses by providing tailored guidance and local expertise to successfully implement these pledges. For more information, visit www.tent.org.
