Abstract

Understanding the possible climate risks and potential economic losses of agribusiness in different regions is becoming a determining factor in the strategic planning of agricultural activities in the context of global warming. The purpose of this work was to assess the climate risks for agriculture in Russia. The study was conducted using techniques and tools of multivariate correlation analysis. The authors investigated the influence of deviations of the average monthly amounts of temperatures and precipitation from the average long-term values on the deviation of grain yields, using a set of data for 17 regions of the Central Federal district of Russia for the period of 2000-2019. The results showed that a smooth change in the parameters of heat and precipitation does not significantly affect the yield of grain crops. At the same time, increasing annual temperature variability and precipitation significantly reduce yields. An increase in the frequency of extreme events causes a growth in the probability of environmental and economic damage and the magnitude of climate risks. The maximum level of climate risk requires an appropriate adjustment of the agribusiness development strategy and the creation of an institution in society of fair compensation for damage caused by global warming factors.

Details

Title
Assessment of the impact of climate risks on agriculture in the context of global warming
Author
Dubovitski, A A 1 ; Konovalova, M E 2 ; Strelnikova, T D 3 ; Pilipchuk, N V 4 ; Shvetsova, I N 5 

 Michurinsk State Agrarian University, 101 Internatsionalnaya str., Michurinsk, Tambov region, 393760, Russia 
 Samara State University of Economics, 41 Sovetskaya Armiya str., Samara, 443090, Russia 
 Lipetsk branch of the Financial University under the Government of the Russian Federation, 91 Moskovskaya str., Lipetsk, 398055, Russia 
 Tver State University, 33, Zhelyabova str., Tver, 170100, Russia 
 Pitirim Sorokin Syktyvkar State University, 55 October Avenue, Syktyvkar, Komi Republic, 167001, Russia 
Publication year
2021
Publication date
Nov 2021
Publisher
IOP Publishing
ISSN
17551307
e-ISSN
17551315
Source type
Scholarly Journal
Language of publication
English
ProQuest document ID
2595152270
Copyright
© 2021. This work is published under http://creativecommons.org/licenses/by/3.0/ (the “License”). Notwithstanding the ProQuest Terms and Conditions, you may use this content in accordance with the terms of the License.