How effective is the current peacebuilding financing architecture at building peace? Reflections from local to global peace actors

The importance of strengthening financing for peacebuilding, and in particular to ensure equal access to financing for local peacebuilders, is commonly recognised by civil society and the international community alike. There is increasing understanding that equitable and effective financing contributes to more sustainable peacebuilding outcomes. The 2020 twin resolutions by the UN General Assembly (A/RES/75/201) and Security Council (S/RES/2558) on peacebuilding and sustaining peace note that ‘peacebuilding financing remains a critical challenge’ to sustaining peace. Much of what is needed to make financing for peacebuilding more effective – flexible and adaptable resources, consistent financing, longer time horizons – have also been identified, including in the Secretary-General’s 2018 report on peacebuilding and sustaining peace.