# UN Launches Platform to Mobilize Climate Risk Financing Aiming to protect 75 million people from disasters by 2030. - **Source:** [UN News – Top Stories](https://news.un.org) - **Published:** 2026-11-12 - **Topic:** [climate](https://brifing.si/c/climate) - **Original article:** - **On Brifing:** https://brifing.si/s/4725e6ca-c758-412f-9955-bbeb0f7ad17d ## Aiming for Early Action The UN launched a joint platform at COP31 in Antalya, Türkiye, to secure over $3 billion in risk financing. The goal is to protect 75 million people from climate shocks and natural hazards by 2030. This initiative aims to turn early warnings into anticipatory action, reducing the impact of disasters before they strike. ## Predictable Disasters, Slow Financing Lisa Doughten, Director of Financing and Outreach at OCHA, highlighted that while disasters are increasingly predictable, the financing needed to act ahead remains slow and fragmented. The platform seeks to address this gap by pooling data and coordinating joint solutions across UN agencies. ## Insurance Industry Collaboration Collaboration with the insurance industry and financial markets is crucial to keeping costs down as financing scales up. By pairing predictive analysis with funds, the initiative ensures that early warnings can be acted upon swiftly, providing a financial safety net for anticipatory action programs. ## Initial Successes The initiative has already seen success, with OCHA and UNICEF implementing insurance policies supported by WFP’s specialist teams. These policies provide financial security for anticipatory action programs, enabling rapid response to predicted disasters like floods, storms, and heatwaves. ## Time to Act Gernot Laganda of UNICEF emphasized that robust forecasts can provide days or even weeks to act before disasters strike. Insurance ensures that funds are available to act on these warnings, even in years with multiple disasters, protecting vulnerable populations, especially children. ## Current Financing Gap Pre-arranged financing currently accounts for less than 2% of global humanitarian financing, far below what is needed. The UN Disaster Risk Financing Platform aims to increase this percentage, ensuring more resources are available for early action in disaster-prone regions. ## WFP’s Role WFP, the UN’s largest user of pre-arranged financing, has secured nearly $211 million this year to protect up to 9.6 million people in over 50 countries. This funding helps save lives, protect livelihoods, and prevent displacement among those on the frontlines of the climate crisis. ## Coordinated Effort The UN Disaster Risk Financing Platform brings together multiple agencies, including FAO, IOM, OCHA, UNICEF, UNHCR, and WFP. By sharing expertise and resources, the platform aims to create a unified approach to disaster risk financing, enhancing global resilience to climate shocks. ## Sources covering this story - https://news.un.org/feed/view/en/story/2026/11/1168794 — --- _Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._