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The World Bank was established in response to the last historic, world-shaking refugee crisis, during World War II.The Bank's Concessional Financing Facility aims to provide $3-4 billion in low-cost loans to the national governments of Jordan and Lebanon, which have experienced 10 percent and 25 percent population growth, respectively, owing to the influx of Syrian refugees.One critical question remains: Who is accountable for the funds delivered to refugees? When the Bank delivers funds to a government, it is clear who is accountable. In the case of refugees, however, other host-country organizations would have to fulfill this role.Such a network could include agencies within states, such as ministries of education throughout the Middle East, where a billion-dollar funding gap means that 1 million refugee children risk being forced to miss yet another school year. It could also include United Nations agencies like the Food and Agriculture Organization, which has piloted refugee cash-for-work employment programs that are helping to rehabilitate much-needed agricultural infrastructure in host countries, while empowering refugees economically.Now is the time to build a new system on the foundations of the old – one that creates real opportunities for refugees to thrive.
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