UN Agencies Launch New Platform to Accelerate Disaster Financing and Early Action
UN agencies have launched a new joint platform at COP31 in Antalya, Türkiye, aimed at securing over $3 billion in risk financing by 2030. This initiative seeks to protect 75 million people and their livelihoods from climate shocks and natural hazards. The platform, which includes the Food and Agriculture Organization (FAO), International Organization for Migration (IOM), UN Office for the Coordination of Humanitarian Affairs (OCHA), UN Children’s Fund (UNICEF), UN refugee agency (UNHCR), and the World Food Programme (WFP), intends to make disaster response funding more predictable and increase resources for early action during major crises. According to Lisa Doughten, Director of Financing and Outreach at OCHA, disasters are increasingly predictable, yet financing for anticipatory action remains slow and fragmented. The platform will combine existing resources with private sector support, share expertise, pool data, and coordinate joint solutions, pairing predictive analysis with funds to enable early warn...