The OECD report reveals that the global land area affected by drought has doubled over the past 120 years, anticipated to rise significantly by 2035. Climate change is identified as a major contributor to the severity of droughts, leading to increased frequency and intensity. Currently, 40% of the planet experiences these changes, impacting agriculture, trade, and energy. The report emphasizes the urgent need for coordinated policy action to mitigate the effects on food security, health, and economies, advocating for sustainable management of water and ecosystems to enhance resilience against drought.
Immediate and co-ordinated action across government agencies to anticipate, prevent, and adapt to evolving drought risk could help limit losses and damage, while enhancing the ability of communities and economies to withstand and recover from drought.
Droughts cause productivity losses far beyond agriculture, affecting trade, industry and energy production. OECD analysis shows the scale of not just the economic, but also the environmental and social consequences.
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