As climate-related crises increase globally, climate risk financing is becoming an integral part of financial protection and resilience building strategies of African countries. Drought-induced crises result in devastating human impacts and high costs for vulnerable countries, threatening longer-term investments and development efforts. While earth observation (EO) has been widely used for drought early warning, new opportunities emerge from integrating EO data and methods into index-based drought risk financing (IBDRF) instruments. Such instruments aim at supporting an effective and timely response during drought shocks and improving the resilience of small-holder farmers and livestock keepers. This review documents the current status, and discusses future prospects and potential challenges for EO utilization in IBDRF applications in sub-Saharan Africa. We focus on pastoral systems, which are hotspots in terms of vulnerability to climate and environmental change, food insecurity, poverty, and conflicts. In these systems, EO-based IBDRF interventions are rapidly scaling up as part of national and international risk management strategies.

Earth observation for drought risk financing in pastoral systems of sub-Saharan Africa / F. Fava, A. Vrieling. - In: CURRENT OPINION IN ENVIRONMENTAL SUSTAINABILITY. - ISSN 1877-3435. - 48(2021), pp. 44-52.

Earth observation for drought risk financing in pastoral systems of sub-Saharan Africa

Fava F.;
2021

Abstract

As climate-related crises increase globally, climate risk financing is becoming an integral part of financial protection and resilience building strategies of African countries. Drought-induced crises result in devastating human impacts and high costs for vulnerable countries, threatening longer-term investments and development efforts. While earth observation (EO) has been widely used for drought early warning, new opportunities emerge from integrating EO data and methods into index-based drought risk financing (IBDRF) instruments. Such instruments aim at supporting an effective and timely response during drought shocks and improving the resilience of small-holder farmers and livestock keepers. This review documents the current status, and discusses future prospects and potential challenges for EO utilization in IBDRF applications in sub-Saharan Africa. We focus on pastoral systems, which are hotspots in terms of vulnerability to climate and environmental change, food insecurity, poverty, and conflicts. In these systems, EO-based IBDRF interventions are rapidly scaling up as part of national and international risk management strategies.
earth observation; index-insurance; drought; risk finance; drylands; Africa; pasture
Settore AGR/02 - Agronomia e Coltivazioni Erbacee
CURRENT OPINION IN ENVIRONMENTAL SUSTAINABILITY
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Utilizza questo identificativo per citare o creare un link a questo documento: http://hdl.handle.net/2434/850877
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