Humanitarian Aid

Topics: Development aid, United Nations, Humanitarian aid Pages: 3 (873 words) Published: July 7, 2011
Humanitarian aid is material or logistical assistance provided for humanitarian purposes, typically in response to humanitarian crises including natural disaster and man-made disaster. The primary objective of humanitarian aid is to save lives the most lethal year in the history of humanitarianism was 2008, in which 122 aid workers were murdered and 260 assaulted. Those countries deemed least safe were Somalia and Afghanistan.

World Trade Centre

Grants are mainly used to help recipient countries to build hospitals, schools and low-cost houses, and support well-digging or water-supply projects, and other medium and small projects for social welfare. In addition, grants are used in projects in the fields of human resources development cooperation, technical cooperation, assistance in kind and emergency humanitarian aid. Interest-free Loans

Interest-free loans are mainly used to help recipient countries to construct public facilities and launch projects to improve people's livelihood. The tenure of such loans is usually 20 years, including five years of use, five years of grace and ten years of repayment. Currently, interest-free loans are mainly provided to developing countries with relatively good economic conditions.

Concessional Loans
Concessional loans are mainly used to help recipient countries to undertake productive projects generating both economic and social benefits and large and medium-sized infrastructure projects, or to provide complete plant, mechanical and electrical products, technical services and other materials. Concessional loans are raised by the Export-Import Bank of China on the market, and since the loan interest is lower than the benchmark interest of the People's Bank of China, the difference is made up by the State as financial subsidies. At present, the annual interest rate of China's concessional loans is between 2% and 3%, and the period of repayment is usually...
Continue Reading

Please join StudyMode to read the full document

You May Also Find These Documents Helpful

  • Humanitarian Logistics Essay
  • Humanitarian intervention Essay
  • Essay on Politics in Humanitarian Aid
  • Cold chain in Humanitarian Aid – delivery of vaccines to patients in a relief situation. Research Paper
  • Recent Scandals Involving Aid Agencies in Chad Essay
  • Essay about World Vision International’s Aids Initiative: Challenging a Global Partnership
  • geopolitics in humanitarian affairs Essay
  • Essay about Humanitarian Intervention

Become a StudyMode Member

Sign Up - It's Free