The Economics of Resilience to Drought: Kenya O c t o b e r 2 0 1 7 - - PowerPoint PPT Presentation

the economics of resilience to drought kenya
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The Economics of Resilience to Drought: Kenya O c t o b e r 2 0 1 7 - - PowerPoint PPT Presentation

The Economics of Resilience to Drought: Kenya O c t o b e r 2 0 1 7 C O U R T E N A Y C A B O T V E N T O N E C O N O M I S T c a b o t v e n t o n @ h o t m a i l . c o . u k Aim of the Study Compare the costs, avoided losses, and benefits


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SLIDE 1

O c t o b e r 2 0 1 7 C O U R T E N A Y C A B O T V E N T O N E C O N O M I S T c a b o t v e n t o n @ h o t m a i l . c o . u k

The Economics of Resilience to Drought: Kenya

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SLIDE 2

Aim of the Study

Compare the costs, avoided losses, and benefits of three scenarios:

— 1) a late humanitarian response — 2) an early humanitarian response — 3) early action and resilience building

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SLIDE 3

Two lines of investigation

1.

Empirical evidence - investigate existing and

  • ngoing data collection, relevant literature for

empirical evidence of impacts of early action/resilience building

  • 2. Model potential outcomes using Household

Economy Approach for a population of 3m in Turkana and NorthEast livelihood zones

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SLIDE 4

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

January February March April May June July August September October November December

Kenya NDVI/Fodder

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SLIDE 5

Kenya, Net Cost

Resilience building would save almost $800 million over a 15 year period

100 200 300 400 500 600 700 800 900 1000 Late Early Hum Safety Net Resilience

Net Cost, US$ Million

Net Cost, US$ Million

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SLIDE 6

Kenya, Net Cost with Benefits

When avoided losses are incorporated into the analysis, resilience building would save upwards

  • f $1.9 billion over a

15 year period, or $162 million per year. Benefit to Cost Ratio $5:1

  • 2000
  • 1500
  • 1000
  • 500

500 Late Early Hum Safety Net Resilience

Net Cost, US$ Million

Net Cost, US$ Million