Funding when disaster strikes

It’s been a year of unprecedented need, but also unprecedented giving. A report from the Center for Disaster Philanthropy and Candid analysing funding given in response to the Covid-19 pandemic during the first half of the year found that the sum totalled $11.9 billion – a record-breaking amount that far exceeded funding given for all natural disasters over the past several years combined. Since the research concluded, a further $4.6 billion has been pledged for Covid relief bringing the total to $16.5 billion.

Report project managers Tanya Gulliver-Garcia, Director of Learning and Partnerships at the Center for Disaster Philanthropy, and Grace Sato, Research Director at Candid, joined Alliance to break down the record-breaking figure, explore the funding gaps, and explain why philanthropy shouldn’t be a band-aid.

Elika Roohi: Let’s start with the headline figure of your report – in the first half of 2020, $11.9 billion was awarded for Covid-19, a sum that is many times that of the financial response to any other recent disaster. Can you talk about what this amount of money means? What is getting funded?

Tanya Gulliver-Garcia

 
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