In drought-affected and fragile areas, the scale of resilience-building investments needed across public and private sectors justifies mutual assistance. The returns for collective global, regional, and national economic stability and wellbeing outweigh the costs of investing in solidarity. The G20 could accelerate resilience to drought risks by better evaluating adaptation investments.
In this brief, results emerging from climate finance for nature- and land-based solutions to droughts are highlighted. Objectives for adaptation to be transformative call into question the distribution of benefits and costs, institution-building, and other capacity needs. The G20 platform should broaden consideration of macroeconomic benefits, promote local access to funds, and connect information systems across scales for more sustainable private sector engagement.