Period covered: January to December 2015
The DREF allocated a total amount of CHF 19,762,920 in 2015, to 77 different National Red Cross and Red Crescent Societies to support their response to 109 disaster events. The amount was 3.6 per cent lower than forecast but 3 per cent higher the amount allocated in 2014. The amount of allocations made as start-up funding for emergency appeal operations continued its upward trend against the last two years, with a small increase of 5 per cent against 2014 figures.
A total of 30 emergency appeals were launched in 2015, with DREF allocations made for all of these appeals. The amount of allocations made as grants to small-scale operations implemented by National Societies for which no emergency appeal was launched, or DREF operations, was 12 per cent higher than in 2014, with the number of allocations made increased from 83 allocations in 2014 to 93 allocations in 2015.
Goal: National Societies provide rapid and effective assistance to vulnerable people affected by disasters and crises with the provision of timely and adequate financial support from the DREF.
Financial situation and analysis
The budget or target for 2015 was CHF 18,687,986. CHF 18 million was sought to cover the allocations and CHF 687,986 to cover coordination costs. Total income was CHF 14,948,522 (83 per cent of target).
CHF 19,762,920 was disbursed as allocations for operations in 2015 and a total of CHF 5,575,877 was reimbursed to the fund as DREF loans and unspent balances of DREF grants made in 2015 and previous years, resulting in a total outlay of CHF 14,485,352.
The DREF coordination expenditure amounted to CHF 669,079, which is 3 per cent below the annual budget of CHF 687,986. Discrepancies between budgeted staffing costs and actual expenditures are the result of staff changeover and overlap at global level for two months, as well as the revised expenditure of staff in the field. Overspends linked to consultants and professional fees refer to audit fees and are a result of the various audits carried out on different operations throughout the year, with the budget was not revised in time to capture the additional costs due to the change of personnel.
The opening balance on 1 January 2015 was CHF 16,167,027 and the closing balance on 31 December 2015 was CHF 15,904,996.