Middle-income countries (MICs) currently host roughly 6 million refugees, with over 80% of them in the Middle East and North Africa or in Turkey. But even as they perform this global public good, middle-income host countries struggle to meet the costs associated with an influx of refugees.
Join us for a live ministerial event to discuss how the Global Concessional Financing Facility (GCFF) is helping support refugees and host communities in Jordan and Lebanon, and how this global facility can prepare to meet similar future crises in other MICs.
Check out the key takeaways from this event:
In one short year, the Global Concessional Financing Facility (GCFF) has unlocked US$1 billion in concessional financing to support Syrian refugees and the communities that host them in Jordan and Lebanon. As middle income countries, Jordan and Lebanon do not have access to the kind of concessional financing reserved for the world’s poorest countries. This is despite the fact they host the largest number of refugees in relation to the size of their populations..Read More