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What is Cash and Voucher Assistance mean?
Cash and Voucher Assistance (CVA) is an umbrella term for humanitarian aid programs that provide cash, or vouchers exchangeable for goods and services, directly to recipients. CVA represents an increasingly significant modality or tool in providing aid, responding to a number of factors including movement from a charity-based to a rights-based approach to aid; the increased need for cost efficiency responding to downwards trends in aid funding; and a realisation of the cost effectiveness of CVA in comparison with prior approaches.
According to The Cash Learning Partnership (CaLP), in 2019 CVA provided the mechanism by which US $5.6 billion of aid was distributed, amounting to 17.9% of total international humanitarian assistance expenditure.
referencePosted on 21 Oct 2024, this text provides information on Miscellaneous in Governmental related to Governmental. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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