Amid a global response to the devastating economic and health consequences of the COVID-19 pandemic, humanitarian needs are acute. Despite a dramatic decrease in international mobility due to the pandemic, the number of internally displaced persons (IDPs) reached new heights. By the end of 2020, there were 48 million people across 59 countries and territories who were internally displaced due to conflict and violence. The economic cost of displacement for the year, including the cost of disruptions to income as well as that of providing accommodation, education, health, and security to IDPs, totalled almost USD 20.5 billion.