The evolution of the Central Emergency Response Fund

CERF is one of the fastest and most effective ways to support rapid humanitarian response for people affected by natural disasters and armed conflict. The Fund, which is managed by the Emergency Relief Coordinator (ERC), has a $450 million annual funding target and receives voluntary contributions from donors year-round. This money is set aside for immediate use at the onset of emergencies, in rapidly deteriorating situations (rapid response) and in protracted crises that fail to attract sufficient resources (underfunded emergencies). CERF has a loan facility of up to $30 million

Related Subject(s): Economic and Social Development