Droughts are causing severe damages to tropical countries worldwide. Although water abundant, their resilience to water shortages during dry periods is often low. As there is little knowledge about tropical drought characteristics, reliable methodologies to evaluate drought risk in data scarce tropical regions are needed.
Finance is a key lever for turning agriculture from a potential source of environmental harm and social inequity to a driver of conservation and social inclusiveness. Private and public sector funding for farmers to combat climate change and protect and restore nature (‘Paying for Nature’) is rapidly increasing. Yet this new funding may not reach its aims without drastically improving farm-level reward mechanisms.