CLIMATE CHANGE RISKS IN AGRICULTURE. EVIDENCE FROM ROMANIA

Marius Dan Gavriletea, Faculty of Business, Babes-Bolyai University, Cluj-Napoca, Romania

Published in

JOURNAL OF ACADEMY OF BUSINESS AND ECONOMICS
Volume 18, Issue 4, p57-70, December 2018

ABSTRACT

This paper analyses the effects of climate change on Romanian agriculture, focusing mainly on the analysis of floods and droughts, considering the most frequent negative impacts that this country is facing with. Climate change impacts on crops and livestock, forestry, fisheries and aquaculture were identified and mitigation measures have been proposed. Since agriculture is vulnerable to climate change risks, adaptation and risk management solutions need to be adopted. In this context insurance is considered to be a tool that can help agriculture sector to reduce vulnerabilities to extreme weather and climate related events. Authorities must act together with insurance companies; they all have the same interest in case of flooding events- a low level of losses.

Keywords

climate change risks, greenhouse gas emissions, agriculture, floods, droughts, agricultural insurance


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