## Call to Action We are calling on humanitarian and development organizations, donors, governments, development finance institutions, foundations, investors, investment facilitators, and corporates to join forces to mobilize 10 billion USD in commercial and catalytic capital to enable 1,000 businesses to scale in frontier markets by 2030.

The aim is simple but ambitious: reduce long term aid dependency and strengthen the resilience of communities affected by poverty, fragility and crisis.

[Join us](Mailto:HRI-initiative@weforum.org)


**59** Organizations endorsed the Call to Action to date

**60+** Commitments have been made to support the Call to Action to date

**$5.9 Billion** In financial commitments have been made in frontier markets to date


## Collaboration when the world needs it the most

Global risks such as food insecurity, limited energy access, climate change and protracted crises are accelerating—and increasingly reinforcing one another. Today, around 2 billion people live in contexts affected by fragility, conflict or high vulnerability, where these overlapping pressures are felt most acutely. At the same time, geopolitical fragmentation and economic uncertainty are making coordinated responses more difficult.Humanitarian assistance remains essential in responding to acute crises. But on its own, it cannot deliver lasting resilience or inclusive growth. Addressing the root causes of vulnerability requires complementing short-term relief with sustainable, market-based solutions that enable people and communities to build stable livelihoods over time.To enable the private sector to play a bigger role in addressing fragility and social inequalities, it is imperative to find new models that foster increased and more effective international cooperation across all relevant stakeholder groups. Frontier markets offer concrete opportunities to create deep, lasting impact while tapping into strong growth potential and an emerging consumer class. However, they also face persistent challenges and structural market failures. Pioneers are already demonstrating ways to successfully operate and scale in the world’s most underinvested markets, paving the way for more market participants to follow suit.


## This Call to Action calls upon key stakeholders to mobilize in support of our shared goal through the following actions:


### Integrated collaboration between key stakeholder groups along the continuum

Each stakeholder group has a vested interest, as well as a key role to play in mobilizing increased private sector engagement in frontier markets, taking into account the interests of all relevant stakeholders.


### Moving towards impact-adjusted returns

While the financial returns are important, the potential social, environmental, and long-term positive systemic impact should be considered with similar weight.


### Increased transparency and measurement of financial and impact performance

Collectively building the market of impact investment in frontier markets through evidence-based reporting of the impact and financial returns of pioneering actions.


## Our growing group of organizations endorsing the Call to Action include:


*Partner organizations and sponsors*

To download an overview of the Call to Action please click here.


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[Get in touch with us](Mailto:HRI-initiative@weforum.org)