the UN estimates the annual cost of drought at nearly 300 billion euros

the UN estimates the annual cost of drought at nearly 300 billion euros
the UN estimates the annual cost of drought at nearly 300 billion euros

Hespress FRTuesday December 3, 2024 – 6:16 p.m.

The United Nations estimated on Tuesday the annual cost of drought, fueled by climate change and unsustainable management of water and soil resources, at nearly 300 billion euros.

In a report released on the second day of COP16 on desertification, the UN said droughts are expected to affect 75% of the world’s population by 2050, calling for urgent investments in nature-based solutions, such as there « reforestation » or even “grazing management”.

These solutions can reduce losses and increase agricultural income while providing climatic and environmental benefits, notes this document entitled “Economics of drought: investing in nature-based solutions for resilience to droughts” .

According to the Deputy Executive Secretary of the United Nations Convention to Combat Desertification (UNCCD), Andrea Meza, managing land and water resources sustainably is essential to boost economic growth and build resilience of communities. communities locked in cycles of drought.

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