A "Safe Haven" refers to a place or situation that provides refuge or protection from danger or harm. This term is often used in various contexts, such as finance, where it describes investments that are considered low-risk during economic uncertainty. Examples of safe haven assets include gold, U.S. Treasury bonds, and Swiss francs.
In a humanitarian context, safe havens can refer to locations designated for the protection of individuals fleeing conflict or persecution. These areas are often established by governments or international organizations to ensure the safety of vulnerable populations, such as refugees or displaced persons, during crises.