Global Drought Outlook Report

Global Drought Outlook Report Latest News

Recently, the Organisation for Economic Co-operation and Development released the Global Drought Outlook Report.       

About Global Drought Outlook Report

• It assesses how countries can strengthen drought management to adapt to a changing climate.
• It provides new insights into the rising human, environmental, and economic impacts of droughts and offers practical policy solutions to minimise losses, build long-term resilience, and support adaptation to a drier future.

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Key Findings

• Droughts across the world: 40% of the world’s land area faces increasingly frequent and severe droughts.
• Economic impact: 3% – 7.5% annual increase in the economic cost of an average drought episode.
• 35% minimum projected increase in drought-related economic losses by 2035
• Since 1980, 37% of global land has experienced significant soil moisture loss, while water levels in many rivers and aquifers globally are in decline.
• The majority of monitored groundwater table levels have also shown widespread declines in recent decades.
• Despite accounting for only 6% of natural disasters, droughts cause 34% of all disaster-related deaths and exacerbate displacement and migration, especially in SubSaharan Africa.

Source: OECD