This means, and our data clearly shows this, that we need to make every dollar count. We've got to make sure that the money really hits the ground in the most effective way possible and that we leverage it as much as possible to draw in additional private resources.
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.
The findings of the OECD Steel Outlook 2025 show there is an urgent need to address growing excess capacity, and the distortionary policies driving it, to ensure well-functioning global steel markets.