GCERF is a non-profit foundation incorporated in September 2014 under Swiss law with its headquarters and small Secretariat team based in Geneva. It is governed by a 15-member Board made up of representatives of governments (donor and beneficiary), civil society, the private sector, and foundations, which met for the first time in November 2014.
As of March 2016, contributions and pledges totalling over USD25 million have been made by the governments of Australia, Canada, the European Union, France, Japan, Morocco, the Netherlands, New Zealand, Norway, Qatar, Switzerland, United Kingdom and the United States of America.
GCERF currently has two streams of funding:
- The Core Funding Mechanism (CFM) which is currently in a pilot stage. It relies on eligible countries forming a multi-stakeholder Country Support Mechanism that provides a needs assessment and solicits interest from local community organisations for funding. CFM applications will be reviewed by an independent technical review before a recommendation for funding is submitted to the Board for approval. The current eligible CFM countries for the pilot stage are Bangladesh, Mali, and Nigeria.
- The Accelerated Funding Mechanism (AFM) which is being directly managed by the Secretariat. It is designed as an urgent response to the challenges posed by the recent escalation in violent extremism worldwide and its current manifestations, especially at the moment in relation to ISIL.
In addition, donor funds will be used for the operating expenses of GCERF; in this start-up phase at approximately 15% of donations.
For further information please contact the Executive Director Dr Khalid Koser at email@example.com