UN agencies pool financing before disasters strike
At COP31, UN agencies launched a platform that aims to unlock over $3 billion in risk financing to protect 75 million people by 2030.
Original source ↗2026-11-13 · revision 1 · Information cutoff 2026-11-13T04:07:14.895243+00:00
TOPIC
Global finance and debt
Alongside disaster financing triggers, the World Bank’s autumn overview describes Palestinian banks’ difficulty obtaining cross-border settlement balances.
Palestinian banks face cash accumulation and digital liquidity shortages
The World Bank’s fall 2026 overview reports excess physical shekels at Palestinian banks alongside a shortage of digital balances used for cross-border payments. Banks use currency swaps to bridge the gap, tying up an estimated US$3.5 billion in dollar liquidity.
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