Economics of drought: Investing in nature-based solutions for drought resilience - proaction pays
Published by the UNCCD, ELD Initiative and UNU-INWEH the economics of drought report provides vital insights on the economics of drought resilience.
As droughts fueled by human destruction of the environment are projected to affect three in four people by 2050, investing in sustainable land and water management is essential to reduce their costs, which already exceed $307 billion per year globally.
Drawing on a wealth of evidence and case studies from various countries this report makes the economic and business case for nature-based solutions to drought — practices that restore ecosystem functions and soil health to enhance water cycling, storage, and supply in support of human wellbeing — for example, reforestation, grazing management, and the management, restoration and conservation of watersheds.
See full publication here: unccd.int/sites/default/files/2024-12/20241202_Economics-Drought-Web.pdf
The presentation about the report is available in the side bar.