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 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 - - 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
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
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
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
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
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