Drought is a complex natural hazard, and the uncertainties surrounding its onset and impacts make investment decisions inherently difficult. On the other hand, drought is considered one of the costliest and most destructive natural hazards. With the threat of higher frequency and greater intensity of future drought events due to climate change, the debate in drought management has evolved from whether to implement reactive or proactive drought management approaches – in other words, whether to invest or not in proactive drought actions – to how to invest in proactive drought action. Different and evolving drought events can be mitigated with varying proactive measures, but the best trade-off between efficacy and profitability – be it a financial or an economic profit – must be targeted. The report investigates the broad concept of the economics of drought management, provides a conceptual, two-tier framework for the assessment of proactive and reactive actions, and disseminates case studies for the implementation of the framework in decision-making processes. This report aims to assist decision-makers, policymakers, planners, and national authorities responsible for planning and programming to conduct an exhaustive economic assessment related to drought. With the knowledge gained from the report, a critical step in the drought investment decision-making process can be effectively undertaken.

An academically focused collection of papers highlighting the successes and challenges of a move from disaster to risk management in responding to drought. The book passes on the experiences gained from Australia’s trail-blazing new policy, introduced in 1992.

Over the last three decades drought episodes have resulted in severe social problems in Mediterranean countries, receiving broad attention from the international scientific and policy communities. The experiences in the development and implementation of drought management plans highlight the success and challenges of coping with drought for societies with different vulnerabilities and emphasize risk-based drought management as a critical approach to mitigate the impacts associated to drought-induced water shortages. Based on these experiences and the current methods for evaluating risk, the book synthesises guidelines for drought management that link science and policy and that can be applied to other regions. The book comprises a collection of papers divided into four sections that appeal to a broad audience. First, the social and hydrological context of Mediterranean countries is presented, discussing the interactions that have resulted in the complex institutional framework, and highlighting the importance of stakeholder involvement and awareness building for successful drought management. This section emphasises the role of organizations, institutions, and civil stakeholders involved in drought preparedness and mitigation and/or on water management for designing effective risk based strategies that mitigate the effects of drought in agriculture and water supply systems. Second, the book presents an academic approach to risk evaluation, including characterization of drought episodes, development of indicators of risk in hydrological and agricultural systems, and analysis of the role of economic instruments and groundwater for risk mitigation. This section finalises with the description of an integrated method for evaluating social vulnerability based on indicators that include the capacity to anticipate, cope, and respond to drought. The third section includes a collection of case studies that include the description of effective measures taken in the past. These case studies provide the context for developing demand driven guidelines that may be applied to other regions. The authors of these chapters can be viewed as stakeholders in drought management, since they represent a broad range of sectors and institutions from Mediterranean European and North African countries. The topics addressed have implications for the international policy community interested in disaster mitigation, agricultural policy, and development. Finally a synthesis of the management actions is presented in four chapters. Monitoring and preparedness planning is the essential first step for moving from disaster to risk management in response to drought. The management actions related to agriculture and water supply systems are presented in two different chapters but with a common conceptual framework based on the use of drought indicators for evaluating the levels of drought risk (pre-alert, alert, and emergency), that allow establishing linkages between science and policy. The final chapter discuses the lessons learned and application to other regions.

Drought is an insidious hazard of nature. It originates from a deficiency of precipitation that results in a water shortage for some activity or some group. Africa has suffered the most dramatic impacts from drought during the past several decades the recent droughts in the southern and eastern portions of the continent are testimony to that fact. However, the vulnerability of all nations to extended periods of water shortage has been underscored again and again during this same time period. In the past decade alone, droughts have occurred with considerable frequency and severity in most of the developed and developing world. Significant parts of North and South America, Australia, Europe, and Asia have been plagued recently by extended periods of severe drought, often resulting in far-reaching economic, social, and environmental consequences. In the western United States, for example, vast areas are facing the prospects of a sixth or seventh consecutive year of drought in 1993. Concern by members ofthe scientific and policy communities about the inability of governments to respond in an effective and timely manner to drought and its associated impacts exists worldwide. Numerous "calls for action" for improved drought planning and management have been issued by national governments, professional organizations, intergovernmental organizations, nongovernmental organizations, and others. The United Nations' International Decade for Natural Disaster Reduction (lDNDR) is yet another example of an international call for action to reduce the impacts that result from drought and other natural hazards.

Australia and the United States face very similar challenges in dealing with drought. Both countries cover a range of biophysical conditions, both are federations that provide considerable responsibility to state governments for water and land management, and both face the challenges in balancing rural industry and urban development, especially in relation to the allocation of water. Yet there are critical differences in their approaches to drought science and policy. Drought, Risk Management, and Policy: Decision Making under Uncertainty explores the complex relationship between scientific research and decision making with respect to drought in Australia and the United States. Risk Management, not Crisis Management Drawing on the work of respected academic researchers and policy practitioners, the book discusses the issues associated with decision making under uncertainty and the perspectives, needs, and expectations of scientists, policy makers, and resource users. Starting from the position that drought is a risk to be managed, it considers the implications of the predicted impacts of future climate change. The book also examines the policy responses to these challenges and the role of scientific input into the policy process. Contributors look at drought risk management in action and how end users in the community incorporate drought science into their decision making. The book concludes with lessons learned about science, policy, and managing uncertainty. Get Insight into the Relationship between Science and Policy—and How to Turn That into More Effective Decision Making Throughout, the contributors identify possible reasons for differences in the use and application of drought sciences and approach to policy between the two countries, offering valuable insight into the relationship between scientific advice and the policy process. They also highlight the challenges faced at the science–policy interface. Crossing international borders and disciplinary boundaries, this timely collection tackles drought policy development as part of the broader discussion about climate change. Although the focus is on Australia and the United States, many of the lessons learned are relevant for any country dealing with drought.

Over the past decade there have been extraordinary advances towards drought risk reduction with the development of new water-conserving technologies, and new tools for planning, vulnerability and impact assessment, mitigation, and policy. Drought and Water Crises: Integrating Science, Management, and Policy, Second Edition comprehensively captures this evolving progress as it discusses drought management in the light of present risks, global climate change and public policy actions. This new edition emphasizes the paradigm shift from managing disasters to managing risk, reflecting the global emphasis that has evolved in recent years, a new focus that shines light on preparedness strategies and the tools and methods that are essential in drought risk reduction. The book provides additional relevant case studies that integrate this new approach and discusses examples applied in both developed and developing countries.