Why supporting emergency funds is a moral, practical necessity

Emergencies are more frequent than ever, making emergency planning a growing priority for families and corporations. However, emergency response has always been and will continue to be paramount in the humanitarian sector.

With the rise in global crises, it becomes increasingly clear that emergency planning and greater community collaboration are crucial, especially to rally emergency funds that can reach the most vulnerable communities when needed.

At their core, emergency funds provide rapid relief. When disasters strike, the immediate needs of affected populations include food, water, medical care, and temporary shelter. Emergency funds ensure that these critical resources are available without delay.

The swift aid mobilisation can mean the difference between life and death for those caught in a crisis. Without these funds, the ability to respond swiftly and effectively to disasters is severely compromised.

According to the World Economic Forum’s Global Risk Report, the outlook for the next decade is particularly grim. A survey conducted in September 2023 found that 54 per cent of respondents anticipated some instability and a moderate risk of global catastrophes, while 30 per cent expected even more turbulent conditions. Nearly two-thirds of respondents foresaw a stormy or turbulent outlook over the next ten years.

These statistics underscore the urgent need for immediate action and a collective push that brings communities together.

Emergency action: Collective action counts

In this context, the power of collective action cannot be overstated in ensuring that emergency funds are not the responsibility of just a few. Humanitarian agencies play a pivotal role in disaster response but cannot do it alone. Corporations play a significant role in powering humanitarian efforts.

Corporate social responsibility (CSR) initiatives directed towards emergency response can make a substantial difference, providing financial resources, logistical support, and expertise.

The impact is transformative when individuals, governments, humanitarian agencies, and corporations come together.

This collaborative approach ensures that emergency funds are robust and ready to be deployed immediately. It also fosters a culture of resilience, where communities are better prepared to face future disasters.

A case in point is Dubai Humanitarian‘s Global Humanitarian Impact Fund (GHIF), which is a significant tool for humanitarian crisis preparedness, readiness, and response. Since 2018, Dubai Humanitarian has contributed more than Dhs34m to 25 responses to humanitarian emergencies through the GHIF.

Corporate involvement in emergency response efforts goes beyond financial contributions. Companies can offer technological innovations, skilled volunteers, and strategic partnerships that enhance the overall effectiveness of relief operations. For instance, during the Covid-19 pandemic, many tech companies provided crucial data analytics. Additionally, companies such as Emirates Airline donated free transport to several destinations. These engagements exemplify how corporate resources can be mobilised for the greater good.

As we face more challenges as a planet and as a people, it’s crucial to understand that supporting emergency funds is both a moral and practical necessity. It is an investment in humanity and vital to effective disaster response. As natural disasters become more frequent and severe, the need for these funds will only grow. By contributing to emergency funds, we help mitigate the immediate impact of disasters and build a foundation for a more resilient and compassionate world.

In this collective effort, we find the true essence of our shared humanity, standing together in the face of adversity and extending a helping hand to those in need.

By recognising the ethical and practical importance of emergency funds, we take a significant step towards a future where no one is left behind in the wake of disaster. It is not just an act of charity but a commitment to building a better, more equitable world.

The writer is the CEO and board member of Dubai Humanitarian.