United Nations and its funds, programmes and specialized agencies as well as the International Organization for Migration (IOM) are eligible for both grants and loans.
The two components have a number of distinct features:
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Up to US$450 million, depending on voluntary contributions received.
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Established in December 2005 by the United Nations General Assembly.
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Allows the Emergency Relief Coordinator (ERC) to ensure coverage of life-saving programmes when funds are not available from other sources.
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Used to allocate funds to UN operational agencies to address critical humanitarian needs based on priorities established under the leadership of the Humanitarian/Resident Coordinator in the field.
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Each applicant must justify the need for funds, taking into consideration other available resources. If a donor pledge is forthcoming, the loan facility should be used.
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US$30 million available.
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Established in 1991 as the Central Emergency Revolving Fund. The Revolving Fund is now managed separately as part of the upgraded Central Emergency Response Fund.
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Used to make loans to UN agencies for emergency programmes based on indication that donor funding is forthcoming.
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Loans must be reimbursed within one year.
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$480 million were disbursed in loans over the last 16 years.
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Primarily used as a cash-flow mechanism allowing UN agencies to access funds rapidly while they are waiting for donor pledges to be transferred.
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