Answer: Organisation for Economic Co-operation and Development (OECD)
Notes: The Global Drought Outlook 2025 was recently released by the Organisation for Economic Co-operation and Development (OECD). It warns that 40% of the world’s land area now faces more frequent and severe drought. Recent major droughts occurred in Europe (2022), California (2021), and the Horn of Africa including Somalia. The economic cost of an average drought is rising by 3% to 7.5% annually. Countries like India and Australia may face disruptions in hydroelectric power generation due to water shortages.
