
Supporting landmine clearance and agricultural development in Cambodia
The world’s first impact bond for mine action is turning former mine fields into rice fields.
The ICRC’s Physical Rehabilitation Programme (PRP) provides services to people with disabilities in contexts of conflict and violence. Although the ICRC initially intervenes in humanitarian crises, the needs of PRP service users exist well beyond the context of a humanitarian intervention, and therefore, the Programme requires longer term funding horizons than are currently possible through humanitarian funding sources.
Key challenges include securing sources of funding and supporting the intended scope, scale, and timelines of physical rehabilitation services.
The project aimed to explore possible solutions to these challenges by identifying and assessing medium and long-term opportunities to bring sustainable funding to its PRP activities through new financing models (NFMs) – in other words, return and non-return seeking instruments that seek to capture new and diversified income beyond direct grants.
The project is split into two phases. In the first phase of the project, we undertook a number of activities, including:
In the second phase of the project, we:
The project has the potential for impact at scale, as the prioritised NFMs represent building blocks towards transforming the global physical rehabilitation agenda. We were able to assist the ICRC, the largest NGO in the world, in adapting to new ways of working in order to place outcomes and accountability at the centre of their operations.
Specific milestones included: