At the Central Emergency Response Fund (CERF)’s sixth high-level conference on 15 December in New York, donors pledged a record high for 2012, reaffirming their support for the global humanitarian pooled fund. So far a total of 47 donors have promised US$375 million for 2012, an increase of 4.7% from last year when 59 donors pledged US$358 million.
Paid contributions in 2011 reached an all-time high since the inception of the fund in 2006, with 75 donors having given US$448 million to date, US$90 million more than the total pledged at last year’s high-level conference. All but one of the top ten donors have contributed a larger sum than was originally pledged. This could be partially attributed to exchange rate fluctuations which are applied on the day of the donor transaction; however it is likely that the increased contributions are primarily in response to the on-going crisis in the Horn of Africa. The United Kingdom, for example, contributed an additional £20 million in June, the equivalent of US$32.3million.
Yet continued economic instability and the eurozone debt crisis could cause some major donors to make more modest contributions. Evidence of this can already been seen with Italy pledging 50% less than their 2011 contribution and Greece and Spain yet to pledge.
We will continue to monitor contributions. For more information on the CERF please refer to this detailed profile.