UN Launches New Disaster Risk Financing Platform at COP31

The United Nations introduced a new Disaster Risk Financing (DRF) Platform during the COP31 climate conference in Antalya, Türkiye. This initiative aims to secure over $3 billion in risk financing by 2030, intending to protect 75 million people and their livelihoods from climate shocks and natural hazards. The platform seeks to make humanitarian responses to climate-related disasters faster and more predictable globally.