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Why the Red Cross’ crisis is causing aid groups to rethink their financing

The International Committee of the Red Cross (ICRC) last month announced it would lay off nearly 10 percent of its global staff and roll back dozens of its operations across the world. Although the ICRC’s crisis can partly be blamed on the war in Ukraine and resulting inflation, it also reflects a much more worrying problem plaguing the world’s humanitarian aid groups: with the world more in need of humanitarian action than ever before, donations are failing to keep up with demand.

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