📌 Why in News?
At the 17th Conference of the Parties (COP17) to the United Nations Convention to Combat Desertification (UNCCD), a new global drought resilience architecture was officially launched. This framework aims to transition global drought management from reactive emergency response to proactive technological preparedness. The launch introduces two world-first instruments: the Drought (), a comprehensive technical monitoring metric and assessment tool powered by analytics, and the , a global catalytic financing platform dedicated to de-risking and scaling drought resilience projects worldwide.