Browsing: UN Conference Commits $2.4 Billion

• The Horn of Africa has been grappling with the most severe drought in 40 years since late 2020.
• Rain-fed agriculture in parts of Kenya, Ethiopia, and Somalia worst hit as harvests drop to 70 percent of normal standards.
• A United Nations-backed conference raised $2.4 billion on May 24th to address famine in the Horn of Africa.

The worst drought in a-half-century is causing severe economic hit on economies in the Horn of Africa. This is due to the economies’ heavy reliance on agriculture, and other climate-vulnerable resources.

Drought has led to reduced rainfall and water, severely reducing agricultural production. Crops failed, and pasturelands dried up. As a result, millions of heads of livestock died due to a lack of water and fodder. Millions of farmers are experiencing significant crop losses and decreased livestock productivity. Consequently, huge populations are grappling with thinning incomes and food shortages.

Agricultural losses, food insecurity

Rain-fed …