Conference Finance for Refugees; making it work

Friday 7 September 2018, in COMM, the museum for communication in The Hague.

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Programme
Breakout Sessions
Background
Location
Contact


Programme

Registration 9.30 – 10.00 hrs

Plenary session
Setting the stage, current situation
- Welcome and opening
- Kick-off: Short stage-setting documentary
- Welcome speech by representative of the Ministry of Foreign Affairs, The Netherlands
- Keynote speakers and Panel discussion with CEOs:
  • Mr. Jimmy Adiga, CEO BRAC Microfinance, Uganda
  • Mr. Yengi Lokule, CEO RUFI, South Sudan
  • Mrs. Muna Sukhtian, CEO Microfinance Fund for Women, Jordan
  • Mr. Ziad Halaby, CEO VITAS, Lebanon

Lunch

Breakout Sessions
Deep dive
  1. Global overview of Financial services for Refugees: which organisations are doing what, and how to link towards achieving financial inclusion? – Cordaid, PHB Development, Lene Hansen (expert)
  2. Using technology to mainstream access to finance for refugees – Triple Jump, Oxfam Novib
  3. Possibilities, obstacles and required interventions; results from roundtable discussions with MFIs from Jordan and Lebanon – Triodos
  4. How to strengthen the role of financial service providers in their response to refugees’ needs: a case study from Uganda - ICCO
  5. Structuring Finance solutions towards ‘Reducing Inequalities (SDG 10)’ – FMO
Tea break

Plenary session
The way forward

- Key messages from breakout sessions
- Mr. Bernhard Kowatsch, Head of Innovation Accelerator of World Food Programme – Innovative solutions for refugees
- Pitch Session: start-ups present ‘Innovative solutions to promote Financial Services for Refugees’
  • Taqanu – Mr. Balázs Némethi CEO Digital Identity Solution.
  • Disberse – Mr. Ben Joakim, CEO Humanitarian Fund Management Platform.
  • Beyonic – Mr. Dan Kleinbaum, Co-Founder Digital Financial Service Solution and Entrepreneur-in-Residence at DFS Labs.
- Representative European Investment Bank, joint effort of Multilateral Development Banks: Platform for Economic Migration and Forced Displacement
- Mrs. Patricia Atkinson, Head of programmes IKEA Foundation – Reflection and next steps
- Mrs. Josien Sluijs, Director NpM – Closing remarks

Drinks & Networking

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Breakout Sessions

In order to provide a space to dive deeper into the topic of finance for refugees, we will split into break out session. After lunch, five sessions will run in parallel each covering paramount topics when tackling the issue of finance for refugees.

Each of the sessions will be moderated by a member of NpM.
  1. Global overview of Financial services for Refugees: which organisations are doing what, and how to link towards achieving financial inclusion? - Cordaid, PHB Development and Lene Hansen (expert)
    Moderated by: Cordaid
    Everything you always wanted to know: economic activities, phased financial needs, products, restrictions, initiatives, innovative solutions, impact on refugees and host communities
  2. Using technology to mainstream access to finance for refugees - Triple Jump & Oxfam Novib
    Moderated by: Triple Jump
    The panel provides successful examples of the use of technology to deliver payments to refugees and IDPs. This covers the various categories ranging from CTAs, remittances, domestic money transfers to microloans. The session will show both the lessons learnt on the ground and the promising directions.
  3. Possibilities, obstacles and required interventions; results from roundtable discussions with MFIs from Jordan and Lebanon – Triodos
    Moderated by: Triodos
  4. How to strengthen the role of financial service providers in their response to refugees’ needs: a case study from Uganda – ICCO
    Moderated by: ICCO
    With over 1 million refugees, Uganda is one of the largest refugee hosting countries in the world. Unlike in most other countries, refugees are allowed to access education, find employment and start their own businesses. This offers interesting opportunities for financial services providers (FSPs) who have started to develop products (credit, savings, payments/remittance, insurance) and services (non-financial services e.g. client training / BDS, financial education) for the refugee market. This session will discuss the opportunities and challenges faced by FSPs, and will present the outcomes and conclusion of a recently conducted diagnostics study in Uganda.
  5. Structuring Finance Solutions for Financial Inclusion of Refugees; an investor’s perspective – FMO, EIB.
    Moderated by: FMO
    How to structure funding to make Refugee Finance part of the broader Financial Inclusion agenda? What are creative and tailor made solutions, e.g. the role of guarantees? What kind of partnerships are required for implementation? How can DFIs play a role in making this work?


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Background

Introduction
With over 65 million forcibly displaced people, of which almost 21.3 million refugees, the migrant crisis to date is one of the most urgent and compelling realities affecting the world. Conflict continues in several countries in the Middle East and Sub-Saharan Africa, which makes it unclear when refugees will be able to return safely to their homes, with some refugees already having been in their host countries for over 10 years. Most refugees have little to no opportunities to enter the economic system due to a lack of available financial services and thus, despite protracted displacement and residence in host countries, are unable to integrate into the economy and society. To bring this to light and work on solutions, NpM, Platform for Inclusive Finance, wants to improve capacity for providing financial services to refugees and decided to do its annual conference on the topic of ‘Finance for Refugees’.

Offering financial services to refugees is often assumed as too risky. Therefore, there are only a few Financial Service Providers (FSPs) that provide financial services to this target group. Several initiatives have been initiated by the donor community and we would now like to encourage involvement of the private sector to scale-up initiatives, unlock private capital and mainstream access to financial services for refugees. Emerging evidence suggests that serving refugee clients is potentially profitable in the medium-term as continuous progress in technology reduce costs and increase outreach.

The Dutch Financial Inclusion sector is known for their thought leadership when it comes to current and important topics to reach financial inclusion. The social orientation of the NpM investors and commitment towards cooperation with other stakeholders, is key in leveraging efforts to reach scale and to unlock private capital.

Objectives The main objective of the conference is to bring together the donor and the investor community and provide them a platform to discuss this critical issue and work towards sustainable solutions for refugees.

The conference has 4 main objectives:
- Demonstrating a sense of urgency for private sector to invest: The refugee crisis has created the largest need for humanitarian aid (almost $23.1 billion). To lower the financial burden for donor organisations and host countries, private sector investments are needed. Many refugees stay for over 10 years in the host countries and are facing integration issues. Often because they cannot participate in formal economic systems, a.o. due to a lack of access to financial services.
- Knowledge and expertise exchange: Still limited expertise and knowledge on suitable customer-oriented financial services for refugees is available. Therefore, it is crucial to share experience and combine lessons learned from the donor community and private sector. The magnitude of the crisis requires solutions to be scaled and mainstreamed at a rapid pace.
- Share results of NpM activities on ‘Finance for Refugees’: During the conference we will share (1) a publication presenting an overview of the global activities/context in terms of providing financial services to refugees, (2) results of a 2-day session that brings together the MFIs in Jordan to ascertain their needs with respect to engaging refugees as clients, and (3) the results of an initial diagnostic research in Uganda to create an information base for an effective Technical Assistance programme in the country for the financial inclusion of refugees.
- Networking: The conference will provide a place for networking and forming crucial connections to enable partnerships and/or initiatives.

Audience
Guests at the conference will be (Dutch) investors, international donor organizations, governmental organizations, Civil Society Organizations, development banks, local financial service providers, and knowledge institutes.

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Location

The conference “Finance for Refugees; making it work” will take place in COMM, the Museum of Communication in The Hague

COMM Museum voor Communicatie
Zeestraat 82
2518 AD Den Haag



How to reach by public transport
The nearest stops are Mauritskade, Javastraat / Alexanderplein.
Bus: take line 22 or 24 (from The Hague Central Station) and get off at number 22 at the Mauritskade or Javastraat stop. Get off with line 24 at the Mauritskade / Alexanderplein stop. Tram: Take line 1 (from The Hague Hollands Spoor station) and get off at the Mauritskade or Javastraat stop.

How to reach by car
From the A12 and N44 you follow the Utrechtsebaan towards the Javastraat or the Mauritskade. COMM is adjacent to the 'gate' of the city at Zeestraat 82. Parking Park at Plein 1813 (paid parking), or in the parking garage ParkKing Mauritskade / Zeestraat (Mauritskade 4). From here you walk to COMM in 3 minutes.

Accommodation suggestions
tba

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Contact details

For any additional questions, please contact info@financeforrefugees.nl.

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