A member of the joint Palestinian security force looks at a wall full of bullet holes inside a school run by the UN agency for Palestinian refugees, UNRWA, in the Palestinian refugee camp of Ein el-Hilweh near the southern port city of Sidon, Lebanon, Sept 29, 2023. (PHOTO / AP)

GENEVA - The head of the UN refugee agency said on Monday that the organization was facing one of the most difficult moments in its history, with some 110 million people displaced around the world and a major funding shortfall.

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"The task with which you have entrusted UNHCR is at one of its most difficult moments in our history," Filippo Grandi told the organization's Executive Committee at a meeting in Geneva. "The world is increasingly divided, fragmented, and inward-looking," he said.

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The organization faces a $650 million funding shortfall this year and the outlook for 2024 is "even more worrying", he added.