A governance-enhanced platform to support the humanitarian crisis in Venezuela
THE QUESTION
Can a reliable and transparent Govtech platform enhance support for locally-led humanitarian projects?
LOCATION: Venezuela
SECTOR: Humanitarian Aid
TECH: Govtech
TIMELINE: December 2021 - March 2023
PARTNER: Fundación S4V
The Challenge
Venezuela is currently experiencing a humanitarian crisis where over 7 million people are in need. 5.6 million people have left Venezuela in recent years, making it the second largest migratory crisis after Syria. Venezuela is a difficult operating environment for NGOs, and many donor agencies are weary of investing due to the hostile political situation and lack of transparency of how aid is spent. The Venezuela humanitarian crisis receives disproportionately less financial support than it deserves, negatively impacting the lives of millions of Venezuelans in need.
The Idea
This pilot will create a secure, reliable and transparent platform where the Venezuelan diaspora can directly fund locally-led humanitarian projects within the country. Donors will be able to interact directly with the projects they are supporting through a user profile, and request evidence of the impact their donations are having. If successful, the pilot will create a new stream of aid to reach local humanitarian projects, and address the current funding gap.
Read the pilot report below:
Read more
Read about the pilot’s plans initial ideas for utilising blockchain to address the financing gap for national and local NGOs — Can we reduce the financing gap faced by local NGOs with humanitarian projects supported by migrants?
Explore the pilot’s learnings from their initial proof of concept — Increasing financing to Venezuelan NGOs. Blockchain and cryptocurrencies: A real solution?
Read about the findings and learnings from the pilot in the final report.