{"id":452008,"date":"2026-08-26T11:37:10","date_gmt":"2026-08-26T09:37:10","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/452008\/"},"modified":"2026-08-26T11:37:11","modified_gmt":"2026-08-26T09:37:11","slug":"the-2026-drought-a-wake-up-call-to-make-risk-management-fit-for-the-future","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/452008\/","title":{"rendered":"The 2026 Drought \u2013 a Wake-up Call to Make Risk Management Fit for the Future"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-452008","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"The heat and drought of recent weeks have affected many persons health and well-being, whilst the Austrian agricultural sector in particular has suffered immediate, visible and tangible economic damage. This WIFO Research Brief first presents a preliminary assessment of the relief measures adopted in August 2026. It is emphasised that, for the first time in an event of this scale, insured persons are not being treated less favourably than those without insurance. However, the main focus is on the questions of what measures can be taken to limit negative economic impacts, and how the risk management system \u2013 which functions well in many areas \u2013 can be made fit for the future. Strengthening insurance schemes and the use of loans to finance climate change adaptation measures are market-based approaches in this regard.","onlinedate":"2026-08-26 09:37:12","lang":"German","publication_series":"","publication_date":"20260826","publication_date_year":"","publication_date_full":true,"publication_num_pages":"8","keywords":"[]","jelcodes":"[]","related_publications":"[]","pdf":452010,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"","monthly_report_pages":"","monthly_report_pages_sort":"0","issue":"7","journal":"WIFO Research Briefs","publisher":"","invisible":false,"external":false,"embargo_date":null,"types":[44390],"research_groups":[3655,3500],"collaboration":"","persons":[3853,4986,3899],"persons_data":"[{\"personId\":3853,\"personName\":\"Franz Sinabell\",\"organisationNames\":[]},{\"personId\":4986,\"personName\":\"Gabriel Felbermayr\",\"organisationNames\":[]},{\"personId\":3899,\"personName\":\"Thomas Url\",\"organisationNames\":[]}]","clients":[],"subclients":[],"partners":[],"topics":[],"host_publication_title":"","host_publication_subtitle":"","place_of_publication":"","host_publication_editors":"[]","type_description":"","output_media":"","chapter":"","article_number":"","citations":"{\"apa\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_apa rendering_contributiontoperiodical rendering_apa rendering_contributiontoperiodical_apa\\\"><span>Sinabell, F.<\\\/span><span>, Felbermayr, G.<\\\/span><span>, &amp; Url, T.<\\\/span> (2026). <span>Die D\u00fcrre 2026 \u2013 ein Weckruf, das Risikomanagement zukunftsfit zu gestalten<\\\/span>. <span><em>WIFO Research Briefs<\\\/em><\\\/span>, (7).<\\\/div>\",\"vancouver\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_vancouver rendering_contributiontoperiodical rendering_vancouver rendering_contributiontoperiodical_vancouver\\\"><span>Sinabell F<\\\/span><span>, Felbermayr G<\\\/span><span>, Url T<\\\/span>. <span class=\\\"title\\\"><span>Die D\u00fcrre 2026 \u2013 ein Weckruf, das Risikomanagement zukunftsfit zu gestalten<\\\/span><\\\/span>. <span>WIFO Research Briefs<\\\/span>. 2026 Aug 26;(7).<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_contributiontoperiodical rendering_bibtex rendering_contributiontoperiodical_bibtex\\\"><div>@misc{955e0b099a8d452994abf55d08cd29f4,<\\\/div><div>  title    = \\\"Die D{\\\\\\\"u}rre 2026 {\\\\textendash} ein Weckruf, das Risikomanagement zukunftsfit zu gestalten\\\",<\\\/div><div>  abstract = \\\"Die Hitze und Trockenheit der letzten Wochen haben die Gesundheit und das Wohlbefinden vieler Personen beeintr{\\\\\\\"a}chtigt. Unmittelbar sicht- und greifbare wirtschaftliche Sch{\\\\\\\"a}den hat vor allem der {\\\\\\\"o}sterreichische Agrarsektor erlitten. Der vorliegende WIFO Research Brief legt zun{\\\\\\\"a}chst eine vorl{\\\\\\\"a}ufige Bewertung der im August 2026 beschlossenen Hilfsma{\\\\ss}nahmen vor. Hervorgehoben wird, dass erstmals bei einem derart gro{\\\\ss}en Ereignis die Versicherten gegen{\\\\\\\"u}ber Nicht-Versicherten nicht schlechter gestellt werden. Das Hauptaugenmerk richtet sich aber auf die Fragen, mit welchen Ma{\\\\ss}nahmen negative wirtschaftliche Auswirkungen begrenzt werden k{\\\\\\\"o}nnen und wie das in vielen Bereichen gut funktionierende System des Risikomanagements zukunftsf{\\\\\\\"a}hig gemacht werden kann. Die St{\\\\\\\"a}rkung von Versicherungen und der Einsatz von Krediten zur Finanzierung von Klimawandelanpassungsma{\\\\ss}nahmen sind dabei marktkonforme Ans{\\\\\\\"a}tze.\\\",<\\\/div><div>  author   = \\\"Franz Sinabell and Gabriel Felbermayr and Thomas Url\\\",<\\\/div><div>  year     = \\\"2026\\\",<\\\/div><div>  month    = aug,<\\\/div><div>  day      = \\\"26\\\",<\\\/div><div>  language = \\\"Deutsch\\\",<\\\/div><div>  journal  = \\\"WIFO Research Briefs\\\",<\\\/div><p>}<\\\/p><\\\/div>\",\"ris\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_ris rendering_contributiontoperiodical rendering_ris rendering_contributiontoperiodical_ris\\\"><p>TY  - GEN<\\\/p><p>T1  - Die D\u00fcrre 2026 \u2013 ein Weckruf, das Risikomanagement zukunftsfit zu gestalten<\\\/p><p>AU  - Sinabell, Franz<\\\/p><p>AU  - Felbermayr, Gabriel<\\\/p><p>AU  - Url, Thomas<\\\/p><p>PY  - 2026\\\/8\\\/26<\\\/p><p>Y1  - 2026\\\/8\\\/26<\\\/p><p>N2  - Die Hitze und Trockenheit der letzten Wochen haben die Gesundheit und das Wohlbefinden vieler Personen beeintr\u00e4chtigt. Unmittelbar sicht- und greifbare wirtschaftliche Sch\u00e4den hat vor allem der \u00f6sterreichische Agrarsektor erlitten. Der vorliegende WIFO Research Brief legt zun\u00e4chst eine vorl\u00e4ufige Bewertung der im August 2026 beschlossenen Hilfsma\u00dfnahmen vor. Hervorgehoben wird, dass erstmals bei einem derart gro\u00dfen Ereignis die Versicherten gegen\u00fcber Nicht-Versicherten nicht schlechter gestellt werden. Das Hauptaugenmerk richtet sich aber auf die Fragen, mit welchen Ma\u00dfnahmen negative wirtschaftliche Auswirkungen begrenzt werden k\u00f6nnen und wie das in vielen Bereichen gut funktionierende System des Risikomanagements zukunftsf\u00e4hig gemacht werden kann. Die St\u00e4rkung von Versicherungen und der Einsatz von Krediten zur Finanzierung von Klimawandelanpassungsma\u00dfnahmen sind dabei marktkonforme Ans\u00e4tze.<\\\/p><p>AB  - Die Hitze und Trockenheit der letzten Wochen haben die Gesundheit und das Wohlbefinden vieler Personen beeintr\u00e4chtigt. Unmittelbar sicht- und greifbare wirtschaftliche Sch\u00e4den hat vor allem der \u00f6sterreichische Agrarsektor erlitten. Der vorliegende WIFO Research Brief legt zun\u00e4chst eine vorl\u00e4ufige Bewertung der im August 2026 beschlossenen Hilfsma\u00dfnahmen vor. Hervorgehoben wird, dass erstmals bei einem derart gro\u00dfen Ereignis die Versicherten gegen\u00fcber Nicht-Versicherten nicht schlechter gestellt werden. Das Hauptaugenmerk richtet sich aber auf die Fragen, mit welchen Ma\u00dfnahmen negative wirtschaftliche Auswirkungen begrenzt werden k\u00f6nnen und wie das in vielen Bereichen gut funktionierende System des Risikomanagements zukunftsf\u00e4hig gemacht werden kann. Die St\u00e4rkung von Versicherungen und der Einsatz von Krediten zur Finanzierung von Klimawandelanpassungsma\u00dfnahmen sind dabei marktkonforme Ans\u00e4tze.<\\\/p><p>M3  - WIFO-Schriftenreihen<\\\/p><p>JO  - WIFO Research Briefs<\\\/p><p>JF  - WIFO Research Briefs<\\\/p><p>ER  - <\\\/p><\\\/div>\"}","scientific_assistance":"[\"Weinberger Dietmar\"]","scientific_review":"[\"K\u00fcgler Agnes\",\"Schratzenstaller Margit\"]","version":"","release_date":null,"expiration_date":null,"surveyor":"","research_assistance":"","edv":"","additional_info_de":"","additional_info_en":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>The 2026 Drought \u2013 a Wake-up Call to Make Risk Management Fit for the Future - WIFO<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.wifo.ac.at\/en\/publication\/452008\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The 2026 Drought \u2013 a Wake-up Call to Make Risk Management Fit for the Future\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.wifo.ac.at\/en\/publication\/452008\/\" \/>\n<meta property=\"og:site_name\" content=\"WIFO\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/WIFOat\/\" \/>\n<meta property=\"article:modified_time\" content=\"2026-08-26T09:37:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.wifo.ac.at\/wp-content\/uploads\/2024\/05\/WIFO-Gebaeude-FotoAlexanderMueller-www.alexandermueller.at-IMG_6326-Bearbeitet-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1280\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@WIFOat\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/publication\\\/452008\\\/\",\"url\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/publication\\\/452008\\\/\",\"name\":\"The 2026 Drought \u2013 a Wake-up Call to Make Risk Management Fit for the Future - 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