There is an increasing recognition that market, social, ecological and other systems can have a significant impact on household and community resilience, as well as being a locus of resilience on their own.
Resilience is defined as the “ability of people, households, communities, countries, and systems to mitigate, adapt to, and recover from shocks and stresses in a manner that reduces chronic vulnerability and facilitates inclusive growth.” The multilevel nature and scale of resilience is key.
While progress has been made on measuring household- and community-level resilience, there is an increasing recognition that market, social, ecological, and other systems can have a significant impact on household and community resilience, as well as being a locus of resilience on their own. Market systems, for example, can increase household resilience by providing profitable, diversified livelihood opportunities, but are also themselves subject to shocks such as price fluctuations. More work needs to be done on identifying and measuring systems that scale resilience, and understanding systems that are already in place is important to help prevent activities that duplicate existing efforts and displace existing stakeholders.
More About Market Systems
USAID Kuza and Impact for Northern Kenya Fund
28 Jul 2021 - USAID Kuza Activity, USAID Resilience Challenge Fund and ACDI/VOCA
In October 2020, the Impact for Northern Kenya Fund (“the Fund”) was launched to finance clients that are drivers of economic and social growth.
Climate Economic Analysis for Development, Investment, and Resilience Activity Final Report
13 Jul 2021 - USAID Climate Economic Analysis for Development, Investment, and Resilience Activity, Crown Agents USA, Abt Associates
This report recommends next steps for USAID and the private sector for scaling up climate finance sustainably.
The USAID Kuza Activity
12 Jul 2021 - The USAID Kuza Activity, ACDI/VOCA
Get the basics on USAID Kuza, which works to increase the capacity of specific counties in Kenya to utilize public resources and attract private capital.
Applying Blended Finance to Support the Conversion to Clean Cooking
07 Apr 2021 - USAID Reforestation Project, Chemonics
The USAID Reforestation Project, along with the private sector, is using blended finance to decrease deforestation and move toward clean cooking practices.