Refugee groups hailed a series of pledges, including a $4.7 billion commitment from the World Bank, as a change in efforts to support those who have sought refuge abroad.
UN officials described the almost 770 pledges at a summit in Geneva as a "game changer", but called for swift action to turn commitments into real change for the world's 26 million refugees.
The UN refugee agency said the pledges were made for financial support but also programmes to improve refugee access to jobs, education, electricity, infrastructure and promises of more resettlement spots for the most vulnerable.
"Refugee situations are crises only when we let them become so, by thinking short term, by failing to plan or work together across sectors, and by neglecting the communities they arrive in," said Filippo Grandi, the UN High Commissioner for Refugees.
Many thanks to foreign minister @HeikoMaas and the German government for their staunch support to UNHCR, refugees and states hosting them - reaffirmed again at the Global #RefugeeForum. https://t.co/uSStoUE8dX
— Filippo Grandi (@FilippoGrandi) December 18, 2019
"At this forum, we have seen a decisive shift towards the longer-term view."
The meeting was convened exactly a year after the UN General Assembly in New York adopted the Global Compact on Refugees.
The UN agency said it had received major financial pledges, including $1bn from the Inter-American Development Bank. Germany said it would spend €1.7bn.
The UN also welcomed that states pledged 50,000 new resettlement places and other legal pathways for refugees to remain in host countries
The European Commission said 30,000 resettlement places had been offered throughout Europe for 2020.
At the end of 2018, nearly 71 million people were living in forced displacement due to war, violence and persecution, including nearly 26 million people who had fled across borders as refugees.
The UN agency estimates there is a need for 1.44 million resettlement spots worldwide next year.
