Value for money

"Value for Money refers to the optimal use of resources to achieve the best outcomes for people affected by crisis and disaster". Source : European Commission. 2019. "Social Protection across the Humanitarian-Development Nexus. A Game Changer in Supporting People through Crises". Tools and Methods Series No. 26. European Comission. < https://socialprotection.org/discover/publications/tools-and-methods-series-reference-document-no-26-social-protection-across >. Accessed 15 April 2020.

Value vouchers

“A value voucher has a denominated cash value and can be exchanged with participating vendors for goods or services of an equivalent monetary cost. Value vouchers tend to provide relatively greater flexibility and choice than commodity vouchers, but are still necessarily restricted as they can only be exchanged with designated vendors.” Source : The Cash Learning Partnership. N.d. “Glossary of Cash Transfer Programme Terminology”. CaLP. < https://www.humanitarianresponse.info/sites/www...

Vertical expansion

"A social protection programme can temporarily increase the benefit value or duration of a benefit provided through an existing programme, either for all or for some of the existing beneficiaries. This can be done via an adjustment of transfer amounts, or through the introduction of extraordinary payments or transfers, to a regular social assistance programme implemented in non-crisis times. The rationale may be to recognise the increased household costs as a result of the crises, or to...

Vouchers

“A paper, token or e-voucher that can be exchanged for a set quantity or value of goods, denominated either as a cash value (e.g. $15) or predetermined commodities or services (e.g. 5 kg maize; milling of 5kg of maize), or a combination of value and commodities. They are redeemable with preselected vendors or in ‘fairs’ created by the agency. Vouchers are used to provide access to a range of goods or services, at recognized retail outlets or service centers. Vouchers are by default a restricted...

Vulnerability

"The conditions determined by physical, social, economic and environmental factors or processes which increase the susceptibility of an individual, a community, assets or systems to the impacts of hazards". Source : United Nations. 2016. "Report of the open-ended intergovernmental expert working group on indicators and terminology relating to disaster risk reduction". United Nations General Assembly: Seventy-first session . PreventionWeb. < https://www.preventionweb.net/files/...

Vulnerability context

"The Vulnerability Context refers to the seasonality, trends, and shocks that affect people’s livelihoods. The key attribute of these factors is that they are not susceptible to control by local people themselves, at least in the short and medium term." Source : Department for International Development. 1999. "Sustainable livelihoods guidance sheets". London, UK, DFID. < https://www.livelihoodscentre.org/documents/114097690/114438878/Sustaina... . Accessed 02 September 2020.