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The FAO Drought Finance Tracker









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    The FAO Drought Portal 2024
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    The United Nations Convention to Combat Desertification (UNCCD) has established a Drought Initiative, under which the Food and Agriculture Organization of the United Nations (FAO) has initiated a comprehensive programme to address various aspects of drought and aid countries in their preparedness efforts. The programme focuses on enhancing drought resilience in agriculture and improving food security. To achieve this goal, FAO developed various digital tools and capacity-building activities to promote drought preparedness. One of the key outcomes of this effort is the FAO Drought Portal, which is a global platform for knowledge-sharing to support countries and stakeholders in this endeavour. It collates and presents FAO tools, methodologies, and publications to support countries and stakeholders in enhancing the resilience of agriculture and improving food security.
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    Drought Policy Alignment 2024
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    The United Nations Convention to Combat Desertification (UNCCD) has established a Drought Initiative, under which the Food and Agriculture Organization (FAO) has initiated a comprehensive program to address various aspects of drought and aid countries in their preparedness efforts. The program adopts a stepwise approach to address the policy dimension of integrated drought management and strengthen strategic drought preparedness at the country and regional levels, in line with the most renowned and innovative adopted approaches. The steps include a multi-criteria assessment of national drought plans, guidance for policy alignment, and case studies for peer-to-peer learning.
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    Drought finance 2024
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    In order to effectively tackle the financial limitations of drought, it is crucial to implement significant changes in financial approaches. This can be achieved by exploring innovative financial tools and funding sources that can help mitigate the impacts of droughts and strengthen the flow of financial resources. Financial innovations are crucial for building resilience against droughts, from financing risk management to post-disaster relief. These innovations should focus on enhancing preparedness and delivering measurable outcomes, thereby utilizing finance for integrated drought management.To effectively tackle financial challenges related to drought, it is important to coordinate efforts among stakeholders across different levels, including the private sector. Facilitating direct engagement between beneficiaries, academia, and financial institutions can help ensure a steady flow of financial resources. Utilizing a combination of innovative financial instruments can effectively mitigate various impacts of drought, but it is important to tailor the approach to the specific context. Ultimately, the success of such innovation relies on the ability to transform technological and scientific advancements into practical financial products.

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