Participants in the UNCCD COP6. Source: UNCCD COP6 - Photo: 2024

Global Drought Resilience Partnership Secures USD 2.15 Billion in Commitments

By Bernhard Schell

RIYADH, Saudi Arabia | 3 December 2024 (IDN) — Saudi Arabia, as host of the 16th meeting of the Conference of the Parties to the UN Convention to Combat Desertification (UNCCD COP16), has announced the Riyadh Global Drought Resilience Partnership, which will leverage public and private finance to support 80 of the most vulnerable and drought-hit countries around the world.

Saudi Arabia has pledged to secure USD $2.15 billion in commitments for Partnership, with the Kingdom paying USD150 million, the Islamic Development Bank USD1 billion and the OPEC Fund for International Development additional USD1 billion. The Arab Coordination Group, which encompasses 10 institutions headquartered in five countries, is expected announce its pledge on day two of COP16.

“The Riyadh Drought Resilience Partnership will serve as a global facilitator for drought resilience, promoting the shift from reactive relief response to proactive preparedness. We also seek to amplify global resources to save lives and livelihoods around the world,” said Dr Osama Faqeeha, Deputy Minister for Environment, Ministry of Environment, Water and Agriculture of Saudia Arabia and Advisor to the UNCCD COP16 Presidency.

The Partnership will source additional funding through voluntary contributions by countries, financial institutions, and philanthropic organizations, among others. The financial and in-kind contributions are intended to help least developed countries (LDCs) and lower middle-income countries to unlock access to additional financing through blended financing such as concessional loans, commercial loans, equity participation, savings, insurance and other financial schemes.

State Secretary of Environment of Spain Hugo Morán, said: “For Spain and Senegal, the co-chairs the International Drought Resilience Alliance (IDRA), promoting international cooperation is a key priority. We are working very hard to mobilize political momentum and resources for drought resilience all over the world.”

However, much remains to be done, he added. “This is why we welcome the Riyadh Partnership and its potential to mobilize additional resources for drought resilience with a focus on the least developed countries and the lower middle-income countries. We look forward to collaborating with Saudi Arabia and the UNCCD Secretariat to leverage synergies between IDRA and this new partnership.”

World Drought Atlas

Meanwhile, amid escalating global drought crises, the UNCCD, in collaboration with the European Commission Joint Research Centre (JRC) and partners, launched the World Drought Atlas, highlighting the systemic risks of drought across critical sectors like energy, agriculture, river transport and trade, using maps, infographics and case studies to showcase its cascading impacts on inequality, conflict and public health.

In addition, the International Drought Resilience Alliance (IDRA) introduced the prototype International Drought Resilience Observatory (IDRO)—an AI-powered global platform designed to empower diverse stakeholders, from policymakers to communities, with actionable insights for building drought resilience. The full version of IDRO will debut at UNCCD COP17 in Mongolia in 2026, marking a shift towards proactive drought management worldwide.

Anna Dyson, Founding Director of Yale Center for Ecosystems + Architecture, explained: “Although a wealth of knowledge is emerging on drought resilience globally, it tends to be scattered and difficult to access. The Observatory will enable quick access to diverse expertise and tools needed to anticipate, prepare for, and adapt to drought challenges. Connecting insights with powerful analytics, it delivers timely, actionable information while addressing critical gaps in risk and adaptive strategies. [IDN-InDepthNews]

Photo: Participants in the UNCCD COP6. Source: UNCCD COP6

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