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This report by the Stockholm Environment Institute synthesises the impacts of agricultural water management (AWM) interventions across 37 cases in developing and newly-industrialised countries. Using the sustainable livelihoods framework, the authors evaluate changes across five capitals: natural, financial, social, human, and physical. The review finds that while AWM interventions generally lead to positive outcomes—particularly in income and yield—there is a significant lack of comprehensive monitoring and evaluation, especially regarding negative externalities and long-term sustainability.