The Africa–Asia Drought Risk Management Peer Assistance Project seeks to facilitate the sharing of knowledge and technical cooperation among drought-prone countries in Africa and Asia and thus to promote best practices in drought risk management (DRM) for development in the two regions. In order to establish a baseline to guide this activity, the UNDP Drylands Development Centre undertook a stocktaking exercise between March and June 2011 on drought impacts, causes, trends and solutions in Africa and Asia. This report, based upon the findings of the stocktaking exercise, goes beyond presenting a sense of the similarities and differences among drought experiences in Africa and Asia, by painting a more detailed picture.