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Drought

Data source provider

Global Drought Observatory (GDO). European Commission, Joint Research Centre.

Use cases

Climate-related disclosures, Exposure quantification, Financial stability monitoring, Investment and lending decisions, Macro-economic modelling, Product development, Scenario analysis, Stress testing

Data group

Exposure to physical risks

Metric Type

Physical vulnerability

Methodology/ Standard / Classification/ Taxonomy / Reference

UNCCD/Joint Research Centre of the European Commission

Unit (e.g. CO2)

Hazard, Exposure, Vulnerability, Risk (UNCCD Drought Risk Assessment Visualization Tool )

Dimension (e.g. Sector, Customer)

By Location (map)

Time horizon 

Backward-Looking

Frequency

Latest update

Time series

2000-2018

Accessibility

Proprietary

Observation on data availability/gaps

The drought risk assessment in this tool has been completed by the Joint Research Centre of the European Commission and is applicable for 2000-2018. It uses a global-scale top-down data driven approach that is consistent and applicable to all regions of the world. The maps are a first screening analysis and it is recommended that local assessments of risk are carried out to improve the outputs for targeting of drought preparedness and appropriate drought mitigation solutions.

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