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Context: Framework for the Assessment of Benefits of Action/Cost of Inaction for Drought Preparedness report has been released at the ongoing 14th Conference of Parties (COP14) to the United Nations Convention to Combat Desertification (UNCCD).
The 10-point framework:
Indian scenario:
Droughts affect 42 per cent of India’s land while another 6 per cent is ‘exceptionally dry plane’; 40 per cent of the country’s population is vulnerable to droughts.
Challenges:
Conditions of the political economy often gives governments weak incentives to adopt a risk-management approach.
Other causes include the lack of a holistic approach; integrating analysis and action across sectors and agencies and the political economy of aid.
What India can learn from this?
The way to combat frequent droughts lies in evaluating their impacts.
Losses due to droughts need proper estimation.
More and better economic analysis could be a decisive factor in moving countries from crisis management to risk management.
By: Priyank Kishore ProfileResourcesReport error
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