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Nairametrics
Home Business News Business

UN’s urgent $46B fund to aid 300 million people in 2024 

Deborah Dan-Awoh by Deborah Dan-Awoh
December 11, 2023
in Business
UN Staff risk unpaid salaries as Nigeria,

United Nations Secretary General

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A new report published by the United Nations on Monday has said, that by 2024, 300 million people across 72 countries will need humanitarian assistance as climate change, displacement and conflict push more people to the brink of famine. 

In a solemn plea disclosed in its Global Humanitarian Overview for 2024, the UN is urgently seeking a substantial $46 billion in funding to address the escalating humanitarian crises gripping numerous regions worldwide. Among the areas requiring critical assistance are the occupied Palestinian territories, Sudan, and Ukraine, based on reports by Reuter Africa. 

Martin Griffiths, the UN’s aid chief, articulated the imperative to target 181 million of the projected 300 million in need, emphasizing the gravity of the situation. OCHA’s annual assessment underscores a substantial funding crisis, with just over one-third of the $57 billion required for aid provision secured in the preceding year, marking a critical shortfall. 

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  • “We will target for our specific needs, for the agencies that I represent, 181 million of those 300,” said U.N. aid chief Martin Griffiths. 

Griffiths characterized this financial gap as the “worst funding shortfall in years,” acknowledging the difficulty in scaling down the appeal for 2024 while concurrently ensuring that aid agencies adopt a realistic, focused, and resolute approach when evaluating requirements. 

The Middle East, particularly Gaza and the West Bank, is anticipated to be a focal point for aid efforts, with Griffiths expressing the expectation that this region will register the highest demand. Simultaneously, he underscored the exigency of directing attention to Ukraine, beset by desperate times and a looming resurgence of full-scale conflict in the coming year, necessitating substantial aid interventions. 

Recognizing the urgency of the situation, Griffiths highlighted that various organizations, including the Red Cross and national Red Cross societies, have initiated their funding appeals to collectively address the widespread humanitarian challenges confronting the global community. 

 


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Deborah Dan-Awoh

Deborah Dan-Awoh

Deborah Dan-Awoh is a seasoned lifestyle analyst with a knack for storytelling. The focus of her work covers people, money and culture as it relates with business and economy. When she's not keeping tabs on the latest trends in lifestyle and finance- Deborah enjoys networking with industry experts to gain insight into major markets as it affects the populace

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