Throughout PHAP’s and ICVA’s series on humanitarian financing, speakers have referred to a process that promises to significantly reshape humanitarian funding – the “Grand Bargain”. This package of commitments to improve humanitarian financing was launched at the World Humanitarian Summit last year and aims to reduce the humanitarian funding gap and improve funding processes. Given the interest expressed in this topic by participants in previous sessions, PHAP and ICVA hosted an additional event focusing on this reform process on 3 March. In this session, participants were provided with an overview of the origins and current processes related to the Grand Bargain and how it might impact the work of NGOs. Based on the interests expressed in previous sessions, the session focused on three areas of the Grand Bargain: increasing support to local and national responders, harmonized and simplified reporting, and the humanitarian-development nexus.