{"id":14030,"date":"2026-11-13T12:12:05","date_gmt":"2026-11-13T12:12:05","guid":{"rendered":"https:\/\/theeaglenews.co.in\/?p=14030"},"modified":"2026-11-13T12:12:05","modified_gmt":"2026-11-13T12:12:05","slug":"un-launches-disaster-risk-financing-platform-at-cop31-to-mobilise-over-3-billion-for-climate-resilience","status":"publish","type":"post","link":"https:\/\/theeaglenews.co.in\/?p=14030","title":{"rendered":"UN Launches Disaster Risk Financing Platform at COP31 to Mobilise Over $3 Billion for Climate Resilience."},"content":{"rendered":"
<\/div>

UN Launches Disaster Risk Financing Platform at COP31 to Mobilise Over $3 Billion for Climate Resilience.<\/h1>\n

Initiative aims to protect 75 million people from climate shocks and natural hazards by 2030; six UN agencies join hands to ensure faster, predictable funding for disaster response.<\/h2>\n

 <\/p>\n

Antalya, Turkey:<\/p>\n

 <\/p>\n

The United Nations has launched a new Disaster Risk Financing (DRF) Platform at the 31st United Nations Climate Change Conference (COP31) in Antalya, T\u00fcrkiye, with the ambitious target of securing access to more than $3 billion in risk financing to protect 75 million people and their livelihoods from climate shocks and natural hazards by 2030.<\/p>\n

The initiative, launched on November 12, aims to make humanitarian response funding faster, more predictable and readily available before disasters strike. It brings together six United Nations agencies to strengthen cooperation, improve disaster preparedness and ensure that financial resources reach vulnerable communities when they are needed most.<\/p>\n

The platform is a joint initiative of the Food and Agriculture Organization (FAO), International Organization for Migration (IOM), UN Office for the Coordination of Humanitarian Affairs (OCHA), UNICEF, UN Refugee Agency (UNHCR) and World Food Programme (WFP).<\/p>\n

Through this collaboration, the agencies will share expertise, pool data and develop coordinated financial solutions to expand the use of pre-arranged disaster financing. The initiative will also encourage greater participation from the private sector, insurance industry and financial markets to increase available resources and reduce financing costs.<\/p>\n

The UN said combining reliable data, predictive analysis and advance funding would help governments and humanitarian organisations convert early warnings into timely action. This would strengthen emergency preparedness and responses before, during and after disasters.<\/p>\n

Focus on early financing and disaster preparedness<\/h4>\n

The platform seeks to address a major gap in global humanitarian financing, where pre-arranged funding currently accounts for less than two per cent of total humanitarian financing.<\/p>\n

The UN believes that increasing advance financing will help agencies respond more effectively to predictable disasters such as floods, droughts, storms and extreme heat events. It will also reduce the financial and humanitarian consequences of delayed responses.<\/p>\n

The initiative has already delivered its first results ahead of its public launch. OCHA and UNICEF have established insurance policies to provide financial protection for their anticipatory action programmes, with technical support from specialist insurance teams at WFP.<\/p>\n

These arrangements will help humanitarian agencies access funds before disasters occur, enabling them to protect homes, food supplies and livelihoods. IOM will contribute its expertise in displacement risk analysis and anticipatory action to improve protection for communities facing the threat of disaster-induced displacement.<\/p>\n

UN agencies highlight importance of collective action<\/h4>\n

FAO Chief Economist M\u00e1ximo Torero Cullen said increasingly interconnected and frequent crises required investment in reliable data, advanced analytics and predictive capabilities to identify risks and take preventive action. He said the platform would bring together institutional expertise and existing investments to expand innovative financing solutions, strengthen resilience and protect lives and livelihoods.<\/p>\n

IOM Director of Humanitarian Response and Recovery Maria Moita emphasised that early intervention could reduce displacement risks and help families protect their homes and livelihoods. She said combining technical expertise with predictable financing would enable humanitarian organisations to translate early warnings into effective action.<\/p>\n

OCHA Director of Financing and Outreach Lisa Doughten said disasters were becoming increasingly predictable, but the funding required to respond in advance remained slow and fragmented. She described pre-arranged financing as an important approach to reducing humanitarian impacts.<\/p>\n

UNICEF Global Practice Director for Climate and Environment Gernot Laganda highlighted the importance of timely financial support in protecting children from floods, storms and heatwaves. He said accurate forecasts could provide days or even weeks to arrange safe drinking water, healthcare, nutrition supplies and evacuation support before disasters struck.<\/p>\n

UNHCR Assistant High Commissioner for Operations Ant\u00f3n Leis Garc\u00eda stressed that early action was particularly important for refugees and forcibly displaced communities already facing the consequences of climate change. He said predictable funding would help protect vulnerable populations and host communities while strengthening their resilience.<\/p>\n

WFP Assistant Executive Director for Partnerships and Innovation Rania Dagash said the organisation’s anticipatory action programmes, insurance arrangements and contingency funds had helped millions of food-insecure people reduce the impact of floods, droughts and storms.<\/p>\n

She said WFP, the United Nations’ largest user of pre-arranged financing, had helped secure nearly $211 million in such financing this year to protect up to 9.6 million people across more than 50 countries.<\/p>\n

The UN said the new platform would strengthen cooperation among agencies, improve the efficiency of disaster financing and ensure that vulnerable communities receive assistance before climate-related emergencies escalate.<\/p>\n","protected":false},"excerpt":{"rendered":"

UN Launches Disaster Risk Financing Platform at COP31 to Mobilise Over $3 Billion for Climate Resilience. Initiative aims to protect 75 million people from climate […]<\/p>\n

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