ELD – THE ECONOMICS OF LAND DEGRADATION INITIATIVE
ELD is a global initiative that makes the values of land and its ecosystem services count in decisions – hence uncovering the true costs and benefits of land degradation and sustainable land management. We do this with the aim to inform, promote, and scale land solutions for transformative change; these solutions include sustainable land management and restoration practices, policy instruments and institutional design, and financing solutions and strategies. In working at the science-policy-practice interface, ELD brings scientific knowledge and evidence into political and business discourses and decision making.
Established in 2011 between the UN Convention to Combat Desertification (UNCCD), the German Federal Ministry for Economic Cooperation and Development (BMZ), and the European Commission and hosted by the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), the ELD Initiative recently entered its second decade of activities. More than ever, this needs to bring "Transformative action for land".