A guide towards climate change adaptation in the livestock sector: adaptation options and the role of robust decision-making tools for their economic appraisal

R Dittrich, A Wreford, CFE Topp, V Eory, D Moran

Research output: Contribution to journalArticle

6 Citations (Scopus)

Abstract

Economic appraisal and technical effectiveness of adaptation options are key criteria for judging climate change adaptation investment decisions in all sectors. Yet relatively little methodological guidance exists for determining the most appropriate appraisal techniques for different adaptation options. This paper provides adaptation options and scopes relevant appraisal methods in agriculture focussing on livestock production specifically. We find that for many adaptation options for livestock agriculture, standard (expected) cost-benefit analysis is an appropriate tool. For adaptation options requiring long lead times or those with long lifetimes, techniques incorporating uncertainty (‘robust’ methods) are more suitable, including real options analysis, portfolio analysis and robust decision-making. From a comprehensive list of adaptation options in the livestock sector, we identify the most appropriate appraisal technique for each option and describe how the robust appraisal tools could be applied to heat stress, flood risk and water management.
Original languageEnglish
Pages (from-to)1 - 6
Number of pages6
JournalRegional Environmental Change
Volume17
Issue number6
Early online date3 Mar 2017
DOIs
Publication statusFirst published - 3 Mar 2017

Bibliographical note

1024964
1023353

Fingerprint Dive into the research topics of 'A guide towards climate change adaptation in the livestock sector: adaptation options and the role of robust decision-making tools for their economic appraisal'. Together they form a unique fingerprint.

  • Profiles

    No photo of Veronika Eory

    Veronika Eory

    Person: Academic contract that is research only

    No photo of Kairsty Topp

    Kairsty Topp

    Person: Academic contract that is research only

    Cite this