By Jitendra
Commercialisation of basic livelihood and services such as water supply and sanitation would generate sufficient funds to mitigate drought, experts at the ongoing 14th Conference of Parties (CoP14) to the United Nations Convention to Combat Desertification (UNCCD), said on September 11, 2019.
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“One instance is a successful initiative in Kenya where a water supply project was completed and installed with the help of a World Bank loan. The loan was paid for by 190,000 users through digital payment gateway named M-Pesa,” Marie-aude Even, senior regional technical specialist in agronomy at the International Fund for Agricultural Development, said.
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Experts at the CoP14 also suggested that convergence of government welfare schemes and adding cess to industries which consume more natural resources would generate funds too.
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An interactive ‘drought toolbox’ was launched to monitor early drought warnings and methods of mitigation.
It would help stakeholders to easily access tools, case studies and other resources in designing drought policy plans.