"Insights on how to build effective platforms for burden sharing and develop medium-term solutions for self-reliance and resilience"
There are almost 26 million refugees worldwide. Roughly 22 million live in developing countries and will remain refugees for many years.
In 2016, the World Bank Group implemented a new approach to addressing forced displacement in alignment with the Global Compact on Refugees. The Bank's new approach views the development challenge of forced displacement as a corporate priority and a long-term challenge.
A recent evaluation conducted by the IEG provides insights on how to build effective platforms for burden sharing and develop medium-term solutions for self-reliance and resilience. The findings of the evaluation also reinforce the importance of close coordination among host countries and their humanitarian and development partners.