Annual report

Annual Overview 
| About the IFRC 
47

---

Ultimately, the IFRC works to achieve the goals 
of its Global Resource Mobilization Strategy, 
and aims to:
1. 
Achieve leadership for resource mobiliza-
tion in emergencies.
2. 
Grow non-emergency funding.
3. 
Increase its capacity for Resource 
Mobilization.
Government and National Societies
Growing partnerships with governments 
together and through National Societies is done 
through engagement with IFRC partners within 
the Donor Advisory Group, engagement through 
various mission briefings and individually tailored 
engagements of our senior leadership with the 
governments concerned. Leadership is provided 
on fundraising for IFRC flagships such as DREF 
and Global Climate and Resilience Platform.
In 2022, another successful DREF pledging 
conference was held, together with a dedicated 
session on DREF insurance. The conference con-
tinued to attract donor interest and investment 
into the fund, and important progress has been 
made towards realizing the DREF insurance 
product. The total income of the DREF in 2022 
is expected to reach 45 million Swiss francs. 
This represents an increase of more than 40 
per cent from 2021 income. In addition, several 
new donors contributed to the DREF for the first 
time, thus contributing to IFRC’s overall object to 
diversify its resource base.
Multilateral and international
financial institutions
Leadership, entrepreneurship, and innovation 
are provided to execute the IFRC’s strategy of 
engagement with multilateral organizations and 
International Financial Institutions to consolidate 
and/or establish strategic partnerships, and 
increase income to reach the targets set in IFRC’s 
Plan and Budget 2021–2025 while being an effec-
tive voice in the complex and constantly evolving 
field of international resource mobilization.
Internal partners in this area of work include 
the Red Cross EU office and some European 
National Societies at headquarter level.
Externally, there is engagement with different 
DGs of the European Commission, headquarters 
of Multilateral development banks, Specialized 
Funds and UN agencies.
The IFRC takes regular part in dialogue, strategic 
meetings, and consultations with multilateral 
and International Financial Institution partners 
to strengthen effectiveness of resource mobili-
zation by ensuring analysis of funding trends and 
developing funding targets. It maintains partner 
relationships and promotes organizations’ 
objectives and strategies with partners.
In 2022, the IFRC consolidated the Pilot 
Programmatic Partnership funded by DG ECHO, 
as well as relationships with DG Health. It also 
further explored and consolidated partnership 
opportunities with development banks.
Strategy and support and private sector 
In this area, the IFRC focuses on fundraising 
for DREF and the coordination of fundraising 
in emergencies. It leads fundraising campaigns 
in partnership with corporate partners and 
manages the global digital fundraising platform 
available for National Societies.
Innovative financing products are explored and 
built for humanitarian and development pur-
poses, where private sector capital is blended 
with funds from institutional donors, and advice 
is given to National Societies on income genera-
tion activities and asset management.
Through this work, the IFRC’s global (thematic) 
platforms allow for better global coordination 
of fundraising with and for National Societies. 
Greater transparency and accountability are 
ensured through the creation of external-facing 
publications such as the IFRC 
Annual Report
, 
its Global Plan, and global and country annual 
plans. The IFRC also works to develop bench-
marking studies and situational analyses to 
enable informed decision-making and fundraising
strategy development.
Global partnerships are managed with global 
private sector organizations that have expressed