Economics of drought: Investing in nature-based solutions for drought resilience – Proaction pays

Thomas, Richard, Davies, Jonathan, King, Caroline, Kruse, Johannes, Schauer, Mark, Bisom, Nina, Tsegai, Daniel and Madani, Kaveh (2024). Economics of drought: Investing in nature-based solutions for drought resilience – Proaction pays. UN Convention to Combat Desertification (UNCCD), Economics of Land Degradation (ELD) Initiative and United Nations University Institute for Water, Environment and Health (UNU-INWEH).

Document type:
Report
Collection:
UNU-INWEH Reports

Metadata
Documents
Links
Versions
Statistics
  • Attached Files (Some files may be inaccessible until you login with your UNU Collections credentials)
    Name Description MIMEType Size Downloads
    n20241202_Economics-Drought-Web.pdf 20241202_Economics-Drought-Web.pdf Click to show the corresponding preview/stream application/pdf; 42.29MB
  • Author Thomas, Richard
    Davies, Jonathan
    King, Caroline
    Kruse, Johannes
    Schauer, Mark
    Bisom, Nina
    Tsegai, Daniel
    Madani, Kaveh
    Title Economics of drought: Investing in nature-based solutions for drought resilience – Proaction pays
    Publication Date 2024-12-03
    Place of Publication Richmond Hill, Ontario, Canada
    Publisher UN Convention to Combat Desertification (UNCCD), Economics of Land Degradation (ELD) Initiative and United Nations University Institute for Water, Environment and Health (UNU-INWEH)
    Pages 82
    Language eng
    Abstract Drought is one of the costliest and most pressing threats to societies and economies affecting every continent around the globe and particularly drylands. Already today, droughts affect over 1.8 billion people annually hitting especially women and children and the world’s poorest and most vulnerable people. The use of nature-based solutions (NbS) to address drought and challenges such as climate change and loss of biodiversity is gaining traction. NbS involve restoring and conserving nature to address societal challenges and play a critical role in building drought resilience: to prepare, respond and recover, to increase resilience and reduce vulnerability and exposure. This report makes the economic case for nature-based solutions as part of a proactive approach to drought management. It presents evidence for NbS costs and benefits to show that proaction pays and elaborates transformational pathways to mobilize both public and private investment, strengthen necessary enabling environments and create scalable business cases for NbS to drought. The report supports UNCCD Decision 23/COP15 to examine and identify the financing needs and opportunities for drought risk reduction and resilience-building activities, including partnerships with the private sector.
    Keyword Drought
    Drought loss assessment
    Climate Action
    proactive action
    Drought Risk
    Copyright Holder UNCCD, ELD Initiative and UNU-INWEH
    Copyright Year 2024
    Copyright type All rights reserved
    ISBN 97892951184
    DOI https://doi.org/10.53328/INR24CCD001
  • Versions
    Version Filter Type
  • Citation counts
    Google Scholar Search Google Scholar
    Access Statistics: 0 Abstract Views, 0 File Downloads  -  Detailed Statistics
    Created: Tue, 03 Dec 2024, 15:08:45 JST by Mir Matin on behalf of UNU INWEH