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The Economics of Land Degradation (ELD) Initiative is a global initiative established in 2012 by the European Union (EU), the German Federal Ministry for Economic Cooperation and Development (BMZ), and the United Nations Convention to Combat Desertification (UNCCD). The ELD Initiative aims at transforming the global understanding of the economic value of productive land and fostering stakeholder awareness of socio-economic arguments to promote sustainable land management. It works at the science-policy interface, bringing a large global network of scientists, academics, business leaders, politicians, decision makers and other relevant stakeholders together to identify solutions for land management. The ELD Secretariat that coordinates the Initiative is hosted by the Sector Project on Soil Rehabilitation, Desertification and Sustainable Land Management at the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH in Bonn, Germany.

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