3.5: Risk: it’s inevitable – so what do we do about it?

This episode examines perceptions and realities surrounding risk in cash and voucher assistance (CVA). It addresses concerns that cash programming is riskier than other forms of aid, explores ways to manage risk effectively, and highlights the importance of local risk management strategies.This episode features insights from: ·  Irfan Khan: Director of Humanitarian and International Partnerships at Muslim Hands·  Oliver May: Consultant on risk in the humanitarian and development sector·  Sindhy Obias: Executive Director of the Assistance and Cooperation for Community Resilience and Development (ACCORD) Key themes explored in this episode: ·  The perception that cash assistance carries a higher risk of fraud and diversion compared to other aid modalities, and the lack of evidence to support this view.·  The influence of cognitive biases and perceptions, and the need for a more nuanced understanding of risk in the context of cash.·  The importance of engaging with communities to understand and mitigate risks.·  The need to avoid risk transfer risks to partners and communities.·  The challenges posed by counter terrorism and anti-money laundering regulations which can hinder the delivery of aid.·  The importance of transparency and learning from past experiences, including instances of fraud. Listen to this episode for valuable insights into identifying, addressing, and potentially reframing our understanding of risk in CVA.