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Adaptation of Agricultural and Food Systems to Climate Change: An Economic and Policy Perspective
Author(s) -
Antle John M.,
Capalbo Susan M.
Publication year - 2010
Publication title -
applied economic perspectives and policy
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.4
H-Index - 49
eISSN - 2040-5804
pISSN - 2040-5790
DOI - 10.1093/aepp/ppq015
Subject(s) - adaptation (eye) , climate change , investment (military) , agriculture , perspective (graphical) , natural resource economics , economics , public economics , public investment , adaptive capacity , business , environmental resource management , political economy of climate change , public policy , political science , economic growth , geography , ecology , physics , archaeology , public fund , artificial intelligence , politics , law , computer science , optics , biology
Adaptation of agricultural and food systems to climate change involves private and public investment decisions in the face of climate and policy uncertainties. The authors present a framework for analysis of adaptation as an investment, based on elements of the economics, finance, and ecological economics literatures. They use this framework to assess critically impact and adaptation studies, and discuss how research could be designed to support public and private investment decisions. They then discuss how climate mitigation policies and other policies may affect adaptive capacity of agricultural and food systems. They conclude with an agenda for public research on climate adaptation.