GLOBAL APPEAL 2025 EXECUTIVE SUMMARY I FINANCIAL REQUIREMENTS Raising funds from the private sector CO NTR I B UTI O N S A N D N U M B E R O F D O N O R S F RO M TH E PR I VATE S E C TO R | 20 1 5 -2024 1,400 4.0 $1,246 3.6 3.5 1,200 3.1 2.8 1,000 2.7 2.4 $625 600 1.5 400 $538 1.6 $352 $670 $400 $423 1.5 $422 1.0 $284 200 0 2.0 0.5 2015 2016 Recorded contributions 2017 2018 2019 2020 Income target (provisional) 2021 2022 2023 2024* 0 Number of donors | millions Contributions | USD millions $724 2.1 3.0 2.5 800 1.9 3.2 Number of donors * Recorded contributions as of 31 October 2024 In 2025, UNHCR will continue its enhanced engagement with the private sector through the roll-out of the new private sector engagement strategy, which establishes an innovative, long-term vision that encompasses both financial and nonfinancial interactions with the private sector to secure increased, stable and varied funding. In 2024, growth in private sector funding, while continuing on the long-term upwards trend, slowed compared to recent years. UNHCR has targeted raising $750 million from the private sector in 2025, with half of this expected to be softly earmarked or unearmarked funding, demonstrating the importance of the private sector in providing flexible funds to UNHCR. 21 UNHCR GLOBAL APPEAL 2025 UNHCR’s focus on developing and diversifying fundraising initiatives has begun to see positive results. We have seen important growth in planned campaigns compared to emergency fundraising, which provides more predictable income. UNHCR’s organizational priority of responding to climate change will see the private sector take an integral role in the goal of raising $100 million by the end of 2025 through the Climate Resilience Fund.