Vermeulen S., Cools Jan, Staes J., Van Passel S. (2023). A review of economic assessments of drought risk reduction approaches in agriculture. Journal of Environmental Management, 01/11/2023, vol. 345, p. 118909.
https://www.sciencedirect.com/science/article/pii/S0301479723016973
https://www.sciencedirect.com/science/article/pii/S0301479723016973
Titre : | A review of economic assessments of drought risk reduction approaches in agriculture (2023) |
Auteurs : | S. Vermeulen ; Jan Cools ; J. Staes ; S. Van Passel |
Type de document : | Article |
Dans : | Journal of Environmental Management (vol. 345, November 2023) |
Article en page(s) : | p. 118909 |
Langues : | Anglais |
Langues du résumé : | Anglais |
Catégories : |
Catégories principales 07 - ENVIRONNEMENT ; 7.5 - Dégradation : Impact, DésertificationThésaurus IAMM AGRICULTURE ; SECHERESSE ; EVALUATION ECONOMIQUE ; ADAPTATION AU CHANGEMENT ; CHANGEMENT CLIMATIQUE ; RISQUE ; GESTION DU RISQUE |
Résumé : | Due to climate change, the frequency and intensity of droughts are expected to increase. To improve resilience to droughts, proactive drought management is essential. Economic assessments are typically included to decide on the drought risk-reducing investments to make. The choice of both methods and scope of economic assessments influences the outcome, and thus the investment choice. This paper aims to identify how comprehensively economic assessments are applied in practice. Through a systematic literature review, 14 actual economic assessments are identified and their methods are evaluated based on seven criteria for economic assessments as derived from the United Nations Framework Convention on Climate Change (UNFCCC). The results show that in practice, economic assessments rarely address all criteria. Applying a limited number of criteria reduces the scope and narrows the approach, possibly leading to the underestimation of drought risk reduction approaches' related benefits. Applying the seven criteria in practice will improve the results of economic assessments of drought risk reduction measures, allowing for optimal investment selection. Based on the different criteria, a Framework for Economic Assessments of Drought Risk-Reducing Applications (FEADRRA) is proposed. Applying the criteria of the framework can support decision-makers in drought risk management and in carrying out the most fitting drought interventions. |
Cote : | Réservé lecteur CIHEAM |
URL / DOI : | https://www.sciencedirect.com/science/article/pii/S0301479723016973 |