UN Emergency Fund Disbursements Hit USD1 Billion

The United Nations Central Emergency Response Fund has released some USD1 billion since its inception in 2006 to accelerate response to natural and man-made disasters worldwide. “As recently as two years ago, humanitarian agencies faced with a sudden onset crisis such as an earthquake or cyclone struggled to find resources to start life-saving operations,” Emergency Relief Coordinator John Holmes said. “CERF can now allocate funds within days of an emergency or a disaster to kick-start relief efforts saving thousands of lives.” The fund aims to raise USD450 million each year. (“USD1 billion disbursed so far by UN emergency fund to help most vulnerable” - United Nations, Oct. 14, 2008)

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