The New Drought Finance Tracker 2.0: the digital era in drought finance monitoring!
Building on the success of tracking drought-related projects worldwide, the Drought Finance Tracker expands its coverage!
The Drought Finance Tracker is the global tool designed to track drought finance at global and country level. The latest version, Drought Finance Tracker 2.0, is now released and available online on the FAO Drought Portal.
Explore the tool here: Drought Finance Tracker (fao.org)
This innovative and user-friendly platform offers comprehensive statistics and in-depth analyses of drought finance, enabling decision-makers to easily access, download, and share financial flow statistics while conducting advanced analyses to inform their strategies.
The Drought Finance Tracker 2.0 has been enhanced in collaboration with the Budapest University of Technology and Economics (BME). It piloted Machine Learning to include a broader range of drought-related projects, addressing meteorological, agricultural, and hydrological types of drought, to provide users with deeper insights and more extensive analyses of financial flows.