The National Society Investment Alliance: Funding Announcement – 2022
The National Society Investment Alliance (NSIA) is a pooled funding mechanism, run jointly by the International Federation of Red Cross and Red Crescent Societies (IFRC) and the International Committee of the Red Cross (ICRC).
It provides flexible, multi-year funding to support the long-term development of Red Cross and Red Crescent Societies—particularly those in complex emergencies and protracted crisis—so they can increase the reach and impact of their humanitarian services.
The NSIA can award up to one million CHF of accelerator funding to any one National Society over a five-year period. In addition, bridge grants of up to 50,000 CHF over 12 months can help National Societies prepare the ground for future investment from the NSIA or from elsewhere.
This year, the NSIA is pleased to announce that the following six National Societies have been selected for accelerator funding in 2022:
- Burundi Red Cross
- Kenya Red Cross Society
- Malawi Red Cross Society
- Russian Red Cross Society
- Syrian Arab Red Crescent
- Zambia Red Cross Society
These National Societies will receive a significant investment of up to one million CHF, to be used over a maximum of five years, to help accelerate their journey towards long-term sustainability. Three of these National Societies (Syria, Malawi and Zambia) previously received NSIA bridge awards, proving once again the relevance of the fund's phased approach towards sustainable development.
In addition, 14 other National Societies will receive up to 50,000 CHF in bridge funding: Benin, Democratic Republic of Congo, Guinea, Indonesia, Iraq, Jordan, Liberia, Libya, Mali, Nicaragua, Palestine, Panama, Rwanda, Sierra Leone.
In total, the NSIA will allocate 5.4 million CHF to 20 different National Societies this year. This is more than double the funds allocated in 2021 and represents the largest annual allocation since NSIA's launch in 2019.
This landmark allocation is made possible thanks to the generous support from the governments of Switzerland, the United States, Canada and Norway, and from the Norwegian and Netherlands' National Societies. Both the ICRC and IFRC have also strongly reinforced their commitment, by allocating 10 million CHF and 2 million CHF respectively over the coming years.
The Co-chairs of the NSIA Steering Committee, Xavier Castellanos, IFRC Under-Secretary General for National Society Development and Operations Coordination, and Olivier Ray, ICRC Director for Mobilization, Movement and Partnership, said:
We are pleased to have been able to select 20 National Societies' initiatives for funding by the NSIA in 2022. Our vision and plans are becoming a reality. We see Red Cross and Red Crescent National Societies operating in fragile contexts accessing funds for sustainably developing to deliver and scale up their humanitarian services. This is localization in action and at scale.
It is particularly encouraging to see that the NSIA's two-stage approach, with initial funds providing a springboard to help National Societies prepare for increased investment aimed at achieving sustained impact on the organization and vulnerable communities, is working. We hope to see many more National Societies planning and following this journey.
2022 will be remembered as a milestone for the NSIA. Our ambition is to maintain this momentum and continue to grow in the years to come. We see this mechanism as a valuable and strategic lever to support National Societies in fragile and crisis settings to undertake their journey towards sustainable development.
For more information, please visit the NSIA webpage.