UN claims there is biggest funding gap ever for humanitari...| MENAFN.COM

Wednesday, 05 October 2022 09:43 GMT

UN claims there is "biggest funding gap ever" for humanitarian organizations


(MENAFN) The Office for the Coordination of Humanitarian Affairs of the United Nations reports that the organization's humanitarian initiatives face a record financing deficit this year, with barely a third of the necessary $48.7 billion secured so far as global needs exceed commitments (OCHA).

Armed conflict and climate change are now recognized as two of the main causes of "mega crises," which pose a danger to the lives of whole communities, and money is required to assist around 204 million people globally.

“More than halfway through the year, the funding shortfall is $33.6bn, our biggest funding gap ever,” OCHA representative Jens Laerke informed a media briefing on Friday.

“The needs in the world are rising much faster than the donor funding is coming in,” he stated.

In a year of growing humanitarian needs, $15.2 billion has so far been raised at the halfway point of the year, also a record, according to Laerke.

According to OCHA's website, the World Food Programme was the biggest receiver, with the United States being the top giver with little over $8 billion in contributions.

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