UN report urges investment in nature to reduce global drought costs

UN report urges investment in nature to reduce global drought costs

Terra Daily

Published

Paris, France (SPX) Dec 06, 2024

As droughts driven by environmental degradation and climate change threaten to impact three-quarters of the global population by 2050, a new report presented at COP16 of the United Nations Convention to Combat Desertification (UNCCD) highlights the economic importance of sustainable land and water management. The report estimates that droughts already cost over $307 billion annually worldwide, u

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