Financial sustainability is crucial for local CSOs if they are to become resilient, effective organizations. An over-reliance on international funding makes local CSOs vulnerable to changing aid priorities and donor withdrawal. Without this security, local organizations cannot plan for the long-term and have less ownership of the development process. Peace Direct, was involved in a three-year USAID-funded research and testing initiative looking at how local CSOs can achieve long-term financial sustainability and lead their own development agenda. Read more here.
Source: Bond