Will Publicly Subsidized Crop Insurance Prevent On - Farm Climate Change Mitigation ?
نویسنده
چکیده
The sheer magnitude and growth of public monies directed toward farm-level risk management programs in developed countries is staggering. Canadian Business Risk Management (BRM) subsidies were just under $1.4 billion in 2014 (U.S. premium subsidies totalled $6.2 billion). Risk management has become the backbone of many countries’ agricultural programs and the vehicle of choice to funnel monies to agricultural producers: it’s both a relatively easy political sell (to both the general public and agricultural constituency) and in compliance with trade agreements.
منابع مشابه
The Environmental Impacts of Subsidized Crop Insurance: Crop Insurance & the Extensive Margin
A partial equilibrium model of stochastic crop production is used to analyze the impacts of subsidized crop insurance on the extensive margin of agricultural production. It is shown that land use is unchanged only when an actuarially fair, perfectly separating insurance contract is offered. For actuarially fair, pooling equilibrium contracts, however, land with a minimum quality that is strictl...
متن کاملCrop Insurance and Disaster Assistance
Reform (FAIR) Act implemented farm program contract payments that do not increase as agricultural prices fall, shifting farm policy toward a greater emphasis on risk management and, in particular, on crop insurance. This shift has resulted in the introduction of new types of insurance policies; especially those that provide both yield and price protection. Several new and innovative crop polici...
متن کاملIdentifying potential synergies and trade-offs for meeting food security and climate change objectives in sub-Saharan Africa.
Potential interactions between food production and climate mitigation are explored for two situations in sub-Saharan Africa, where deforestation and land degradation overlap with hunger and poverty. Three agriculture intensification scenarios for supplying nitrogen to increase crop production (mineral fertilizer, herbaceous legume cover crops--green manures--and agroforestry--legume improved tr...
متن کاملClimate change abatement and farm profitability analyses across agricultural environments
Management practices that reduce greenhouse gas emissions from farms or increase on-farm carbon storage can contribute to climate change mitigation. Farmers, however, are only likely to adopt new management practices if they contribute to farm profitability. We use the Agricultural Production Systems sIMulator (APSIM) to simulate how different cropping practices contribute to greenhouse gas aba...
متن کاملMitigating Losses from Climate Change through Insurance
Climate change potentially amplifies catastrophe risks by raising the magnitude and frequency of certain extreme events in the long term. Its crucial feature is irreversibility. The availability and affordability of insurance will also be diminished in the presence of climate change. Weather losses can be mitigated by actions of the policyholder; however, the private returns from many mitigatio...
متن کامل