Our Approach to Drought and Wildfire Is Economically Backwards
This year, governments and businesses across Europe,North America and parts of Africa, Asia, Latin America, and the Caribbean have been contending with the impacts of severe drought and wildfires. Every year, drought-induced losses alone cost the global economy an estimated $307 billion.
Reported by 1 outlet — TIME. See all sources ↓
This year, governments and businesses across Europe,North America and parts of Africa, Asia, Latin America, and the Caribbean have been contending with the impacts of severe drought and wildfires. Every year, drought-induced losses alone cost the global economy an estimated $307 billion. Yet one of the assets that could make economies more resilient remains dangerously underfunded: healthy land.This week, leaders gathering in Ulaanbaatar, Mongolia for COP17 of the UN Convention to Combat Desertification (UNCCD) will have an opportunity to change that. What happens on Mongolia’s vast rangelands—and in degraded landscapes around the world—matters far beyond the environment.
Read the full report at TIME ↗
Why it matters
A world story we're tracking; its significance and source trust firm up as more outlets confirm it.
- What's the story?
- This year, governments and businesses across Europe,North America and parts of Africa, Asia, Latin America, and the Caribbean have been contending with the impacts of severe drought and wildfires. Every year, drought-induced losses alone cost the global economy an estimated $307 billion.
- How widely is it covered?
- 1 outlet, average source rating 7.0/10.
- When was it last updated?
- 9m ago.
How outlets are framing the same story
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Our Approach to Drought and Wildfire Is Economically Backwards
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