117.3 million people were forcibly displaced from their homes as of June 2023, with the majority living in cities. The increasing number of new conflicts and the overlapping crises of forced displacement and climate change further highlight the urgency of addressing the needs of the urban displaced.
It’s a daunting challenge, but an innovative financing model, Results-Based Financing (RBF), offers a way to turn these pressures into opportunities for both displaced people and their host cities. That’s why the World Bank and the Global Partnership for Results-Based Approaches (GPRBA) have prepared a new report, “Using Results-Based Financing to Address Forced Displacement in Cities,” to explore the transformative potential of RBF for urban forced displacement.