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Existing funding mechanisms can be used to support the accumulation of assets within communities
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This briefing argues that despite evidence of success in approaches to funding communities in Africa, Asia and Latin America, many governments are still wary of communities’ ability to control the allocation of resources. It suggests that existing funding mechanisms can be used to support the accumulation of assets within communities – where assets can be physical, natural, financial, social or human assets. It also finds that where funding was directed towards projects that used local structures to plan, implement and make decisions – there were notable gains in building social capital and increasing communities’ capacity to plan, manage and account for themselves. This briefing therefore gives some insight into a range of funding mechanisms, and draws on a number of case studies (from the research) to illustrate how they work. It then goes on to review the impact of some of these mechanisms and provides a simple guide to support decision-making on the most appropriate funding mechanism
The research was undertaken by Khanya-aicdd together with Practical Action Zimbabwe and Concern Malawi, and was funded by the Southern African Trust . The research analysed 14 case studies on funding communities reflecting a variety of funding institutions (government and nongovernment) and their diverse interests. The case studies were predominantly drawn from Africa and Asia.
Review the full article here...
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