UN 2023 Water Conference Side Event "The Drought-Fragility-Finance Nexus: Maanging drought risk and overcome conditions of fragility
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In the framework of the UN 2023 Water Conference which took place in UN headquarters, New York from 22 to 24 March, FAO organized a Side Event on "The Drought-Fragility-Finance Nexus: Maanging drought risk and overcome conditions of fragility". This Side Event aimed to take stock of the financial risks of investment in integrated drought management and propose strategies for managing such risks in fragility-affected areas; to build a common understanding and initiate a stronger collaboration to address barriers in fragile contexts and foster enabling effective drought financing mechanisms; and to present the new global platform on drought.
This document presents the key issues discussed during the Side Event and the key recommendations for action.