Author(s)

A. PONTRANDOLFI, F. CAPITANIO & A.G. PEPE

Abstract

At the global level, risk management tools are under discussion, in particular in the agricultural sector, in relation to its vulnerability to climatic risk. The main question points refer to the effectiveness of the most common current policy schemes, based on public support to insurances and compensation aids, in relation to the patterns of risk analysis in the context of climate change. Italy has a long tradition of risk management in agriculture because of the heterogeneity of climatic conditions. The present study has been conducted by Council for Agricultural Research and Economics to explore the potential of the current risk management scheme. One of the more relevant aspects studied is the demand for risk management in terms of exposure to disasters of the agricultural areas and their vulnerability. Crossing this analysis with the policy scheme, it is possible to assess its effectiveness in covering climatic risks. The results show that the current system based on economic tools needs a strong integration into a wider framework of risk assessment and policy strategies addressing climate change adaptation, in synergy with other structural and management measures.

Keywords

agriculture and climate change, climatic risk management, insurance schemes, policy assessment.