Abstract: Short-term perspectives appear to be relevant in formulating adaptation measures to changed climate variability (CCV) as a part of the European Rural Development Policy (RDP). Indeed, short-run CCV is the variation that farmers would perceive to such an extent that a political demand would be generated for adapting support measures. This study evaluates some relevant agronomic and economic impacts of CCV as modelled in a near future time period at the catchment scale in a rural district in Sardinia (Italy). The effects of CCV are assessed in relation to the availability of irrigation water and the irrigation needs of maize. The Environmental Policy Integrated Climate (EPIC) model was used to simulate the impact of key climatic variables on the irrigation water requirements and yields of maize. A three-stage discrete stochastic programming model was then applied to simulate management and economic responses to those changes. The overall economic impact of a simulated CCV was found to be primarily caused by reduced stability in the future supply of irrigation water. Adaptations to this instability will most likely lead to a higher level of groundwater extraction and a reduction in the demand for labour. Changed climate variability will most likely reduce the income potential of small-scale farming. The most CCV-vulnerable farm typologies were identified, and the implications were discussed in relation to the development of adaptation measures within the context of the Common Agricultural Policy of European Union. (C) 2013 Elsevier Ltd. All rights reserved.

Abstract: Recent studies assessing plausible futures for agricultural markets and global food security have had contradictory outcomes. To advance our understanding of the sources of the differences, 10 global economic models that produce long-term scenarios were asked to compare a reference scenario with alternate socioeconomic, climate change, and bioenergy scenarios using a common set of key drivers. Several key conclusions emerge from this exercise: First, for a comparison of scenario results to be meaningful, a careful analysis of the interpretation of the relevant model variables is essential. For instance, the use of real world commodity prices differs widely across models, and comparing the prices without accounting for their different meanings can lead to misleading results. Second, results suggest that, once some key assumptions are harmonized, the variability in general trends across models declines but remains important. For example, given the common assumptions of the reference scenario, models show average annual rates of changes of real global producer prices for agricultural products on average ranging between -0.4% and +0.7% between the 2005 base year and 2050. This compares to an average decline of real agricultural prices of 4% p.a. between the 1960s and the 2000s. Several other common trends are shown, for example, relating to key global growth areas for agricultural production and consumption. Third, differences in basic model parameters such as income and price elasticities, sometimes hidden in the way market behavior is modeled, result in significant differences in the details. Fourth, the analysis shows that agro-economic modelers aiming to inform the agricultural and development policy debate require better data and analysis on both economic behavior and biophysical drivers. More interdisciplinary modeling efforts are required to cross-fertilize analyses at different scales.