Innovative Finance Pavilion and Conference

AidEx and the Humanitarian Finance Forum (HFF) are partnering at AidEx Geneva to gather humanitarian practitioners and finance partners to explore how innovative finance can be effectively applied in humanitarian settings. This collaboration is supported by the HIFHUB (Humanitarian Innovative Finance Hub, an initiative under the Red Cross and Red Crescent Movement) and the IMD Centre for Social Innovation. 

Grounded in operational insights and field-based evidence, the panels will explore which financing models are viable in different contexts, the organisational conditions that enable or constrain implementation, and how partnerships can support effective delivery in fragile and conflict affected settings. 

Alongside the panels, practical case studies hosted by HIFHUB and workshops led by IMD will offer opportunities for deeper engagement, shared learning, and stronger connections across sectors. Participants should leave better equipped to:

  • Identify financing models that are operationally viable in their context.
  • Recognise the organisational conditions needed to put these models into practice.
  • Apply practical lessons to their own programme design and partnerships.

Geneva’s focus on practical application will complement the upcoming Humanitarian Finance Summit in London on 25 February 2027, where discussions will deepen around structuring, capital mobilisation, and system-level change. Together, the two events offer a connected pathway from field experience to wider financing solutions that support humanitarian outcomes.

Humanitarian Innovative Finance Conference agenda

Day 1 

10:30-11:30 

Why Not? Outcomes Finance in the Humanitarian Geographies Everyone Calls “Uninvestible”

Humanitarian financing is sell largely built around ex-ante commitments: fund the activity, trust the plan, report the results. But in real humanitarian geographies — places affected by conflict, displacement, climate shocks, weak markets and limited public systems — this model is under strain. The question for this session is simple and deliberately uncomfortable: if credible outcomes can be verified after delivery, why not pay for what changed rather than what was promised?

  • (Moderating) Damon Elsworth, Humanitarian Impact Finance Lead, Medair
  • Greg Spencer, Founder and CEO, Common Good Marketplace
  • Verushen Appalsamy, Programme Manager, innovative & Alternative Financing for Children, UNICEF
  • Patrick Egli, Deputy Head Humanitarian Aid Division and Chief of Staff Humanitarian Aid Division, Swiss Agency for Development and Cooperation (SDC)

11:35-12:35

Islamic Philanthropy and Impact Investment - Unlocking Sustainable Financing for Humanitarian and Development Action

Islamic philanthropy and Shariah‑compliant social investment—such as Zakat, Sadaqah, Waqf, Takaful and Sukuk —represent a significant yet underutilised source of funding for humanitarian response and long‑term development and have emerged as a novel subset of the discourse on innovative finance. The World Bank (2016) estimated the global annual zakat pool alone to be between US$200 billion and US$1 trillion. But Zakat and Islamic philanthropy are not the sole source of funding but there is a growing number of Islamic impact investment initiatives. At a time of growing funding gaps and protracted crises, these faith‑based financing mechanisms offer opportunities to complement traditional aid while promoting sustainability, inclusion, and localisation.

This session will explore how Islamic philanthropy and impact investment can be operationalised beyond short‑term relief to support resilience, livelihoods, and systems‑level change, while maintaining strong accountability and compliance with Islamic principles which is critical for donor and beneficiary assurance. Drawing on practical examples and practitioner experience, the session will encourage dialogue between humanitarian actors, donors, financial institutions, and the private sector.

Speakers:

  • (Moderating) Mohammed Kroessin, Head of the Global Islamic Microfinance Business Unit, Islamic Relief Worldwide
  • Muniruddeen Lallmahomood, Islamic Finance Portfolio Lead, UNDP
  • Teuta Turani, Head of the International Finance Facility for Immunisation (IFFIm), GAVI
  • Adnan Aziz, Secretary-General & Chief Program Officer, Global Islamic Finance and Impact Investing Platform

12:35-13:15 Lunch
13:15-14:15

Choosing the Right Financing Model – Aligning Humanitarian Challenges with Practical Financing Models

This session will help participants understand which financing models are suited to which types of humanitarian problems. Rather than focusing on general introductory guidance, it will compare practical models such as disaster risk financing, insurance, guarantees, revolving funds, endowment approaches, blended finance and liquidity facilities, and assess the operational conditions required for each to work.

Focus:

  • Which models are suited to which problems, for example disaster risk financing, insurance, guarantees, revolving funds, endowments, blended finance and liquidity facilities
  • What each model requires in terms of data, governance, partnerships, risk appetite and operational readiness
  • Where humanitarian organisations should not use financial tools, or where grants remain the right instrument
  • How to assess whether a model is viable before investing significant time and resources

Speakers:

  • (Moderator) Jane Newman, Director, Social Finance International
  • Julie Blümmel-Gascoin, Associate Director, Innovative Finance, Save the Children Global Ventures (SCGV)
  • Amar Patel, Risk Finance Adviser, Centre for Disaster Protection (CDP)
  • Sacha Gayama, Global Lead on Innovative Financing, Danish Refugee Council

14:30-15:30

Humanitarian Organisations and Operational Readiness – Building the Capabilities to Engage with Innovative Finance

This session will focus on what humanitarian organisations need internally in order to engage with innovative finance responsibly and effectively. It will draw directly on operational experience, including constraints, failure points, and lessons from implementation. The panel will speak on their journey across the phases, from early stage to piloting, implementing to advanced stages of their project or programme.

Focus:

  • How NGOs and operational actors engage with financing tools.
  • What is feasible in fragile and conflict affected settings.
  • Organisational capabilities required, including governance, risk, finance, legal, data and programme design.
  • Lessons from implementation, including constraints and failure points

Speakers:

  • (Moderator) Christina Bennett, Chief Executive Officer, Start Network
  • Sanda Kyaw Win, Chair of Local Network
  • Dorina Ardeleanu, Head of Global Institutional Partnerships, Terre des Hommes Foundation
  • Andreas Kiaby, Chief Advisor, Ministry of Foreign Affairs of Denmark
  • Solomon Thomas, Chief, Innovative & Alternative Finance for Children, UNICEF

15:45-17:00

From Implementation to Scale - Linking Partnerships and Capital to Scale Humanitarian Financing

This session will examine what it takes to move from promising pilots to models that can be replicated or scaled across contexts. It will explore how humanitarian organisations, private sector partners, impact investors, DFIs, MDBs and intermediaries can work together to move beyond isolated examples, while recognising that not every model is scalable in the same way.

Focus:

  • What it takes to move from pilot to scale.
  • What conditions make a model replicable across contexts the role of partnerships and how risk is shared between across NGOs, private sector, and intermediaries.
  • What capital providers need to see before engaging.

Speakers:

  • (Moderator) Andrzej Janiszewski, Partner, Reed Smith
  • Sara Lisa Ørstavik, Senior Advisor - Humanitarian Innovation and Impact Finance, Norad
  • Dominik Zotti, Head of Private Sector, IFIs and Innovative Finance, IFRC
  • Aisling McCaffrey, Senior Programme Manager, Impact Investing Institute
  • Maximilian Martin, Global Head of Philanthropy, Lombard Odier

 

Day 2

10:30-11:15

Case Study #1 | Financing Locally Led Flood Response: Linking Insurance and Preparedness
Presenter: Karen Kisakeni Sørensen, Innovation Lead, Danish Red Cross

Malawi’s vulnerable communities face recurrent severe flooding, fragmented risk information, and uncertain and delayed humanitarian funding. This case study examines an approach to pre-arranged flood financing designed to support locally led response and inform future scale-up. The parametric insurance policy uses satellite rainfall and estimated population impacts, with local data able to verify the trigger. Payouts are divided between immediate response and early recovery, linking finance directly to pre-agreed operational plans. Alongside insurance, the approach incorporates contingency planning, community preparedness, and a risk monitoring platform to strengthen resilience. The policy protects up to 88,000 people. Together, these elements offer a first iteration of a more holistic model for flood financing, while exploring how it can strengthen national systems and enable more locally led action.

 

11:30-12:15

Case Study #2 | TBC 

12:30-13:15

Case Study #3 | Beyond Delivering “More with Less” - Scaling Anticipatory Disaster Insurance
Presenters: Chris McDonald, Humanitarian Innovative Finance Lead, Tearfund & Jak Choudary, Senior Natural Disaster Fund (NDF) Programme Manager, Global Parametrics

Tearfund and Global Parametrics are scaling a portfolio-based insurance model that pools climate risk across countries in Africa and Asia. Global Parametrics’ Water Balance Index and satellite data trigger financing without waiting for post-disaster damage assessments, while local partners determine how payouts support communities. Since 2024, triggered payouts have supported local provision of food, water, seeds, irrigation repairs and livestock vaccinations. The next phase aims to expand from four to six countries, add excess rainfall alongside drought, and triple coverage to 150,000 people through a combination of capacity-building “build” capital and premium “fuel.”

13:15-14:00

Lunch

14:00-16:00

Interactive Workshop: From humanitarian problem to financeable opportunity -  reframing problems beyond grants
Room: Workshop Room 2
Facilitated by 
Vanina Farber, elea Professor for Social Innovation and Dean of the EMBA Programme, Institute for Management Development (IMD)
 

This session will be a practical and accessible entry point into humanitarian innovative finance, helping participants examine humanitarian challenges through a market failure and systems lens. It will shift the conversation from “how do we fund this need?” to “why does the current system fail, and what financing logic could help correct that failure?”

Rather than starting with financial instruments, the workshop will focus first on problem definition, financing logic and operational readiness. Using a practical workbook, participants will develop a sharper finance ready problem statement, identify key market failures, and make an initial match between the problem type and possible financing directions

Led by IMD, with insights from experienced practitioners, by the end of the 120 minute session, participants will be able to define a more finance ready humanitarian problem, identify the primary and secondary failures that prevent existing resources from working effectively, and make a first pass match between the problem and broad families of financial instruments.

This will be an action learning workshop, not a lecture. The format allows time for diagnosis, practical group work, peer exchange, and plenary debrief.

 

 

 

Hosted by AidEx:

AidEx 2025 and Development2030 logos

Organised in collaboration with Humanitarian Finance Forum (HFF) & Humanitarian Innovative Finance Hub (HIFHUB):

Humanitarian Finance Forum logo+ HIFHUB logo