Economic Impacts Of Climate Change Research Articles

Global climate change is expected to alter characteristics of flood events. This study evaluates the rising flood risk and damage potential in the lower Vipava River valley—a transboundary catchment between Slovenia and Italy—under climate scenarios RCP 2.6, 4.5, and 8.5. The area has experienced multiple floods in recent decades, indicating high vulnerability. Using hydraulic modeling for current and future conditions, flood hazard zones were identified and integrated into the KRPAN model to estimate expected annual damage (EAD). The findings show that EAD escalates from €0.97 million under current conditions to €1.97 million under the most extreme scenario. A 20% rise in flood peaks leads to a 1.4-fold increase in damage, while a 40% rise results in losses that are more than double. Buildings show a 2.5-fold increase in EAD, and water infrastructure EAD rises by a factor of 1.9. These results underscore the substantial economic consequences of climate change on flood risk. The study highlights the urgent need to incorporate climate scenarios into flood risk assessments and spatial planning to support adaptive strategies and reduce future damage. These insights are essential for making informed decisions and achieving long-term resilience.

ABSTRACT This study examines the economic impacts of climate change on Aotearoa‐New Zealand's (A‐NZ) dairy sector, a critical contributor to the nation's GDP and global agricultural trade. Using a combination of biophysical and economic modelling, including the Dairy Sector Pathways (DSP) model and a multi‐country partial equilibrium model (LTEM), the research evaluates the sector's response under various gradual climate change and extreme event scenarios. Results indicate that climate change will generally have a negative economic impact on the A‐NZ dairy sector, with producer returns decreasing as global temperatures rise. However, scenarios involving global heat stress show potential for higher revenues due to increased global dairy prices offsetting local production declines. Adaptation strategies, like changes in pasture and feed management, reduce some impacts, but their effectiveness diminishes under severe climate scenarios. Extreme events, such as frequent droughts, exacerbate losses, reducing GDP contributions from dairy by up to 32% by the century's end. This comprehensive assessment underscores the importance of integrating adaptation and mitigation strategies to safeguard economic stability and enhance resilience in the dairy industry.

The compliance control methodology for reporting agricultural organizations in the context of climate change is aimed at ensuring that enterprises comply with regulatory, environmental and climatic requirements. The main focus is on the integration of climate risks into the management and reporting system, including the analysis of regulatory requirements, assessment of physical and transitional risks, as well as the implementation of ESG standards. Using tables and diagrams as an example, practical reporting tools are demonstrated, including the stages of data collection, risk analysis, and visualization of results. It shows how investments in energy efficiency, water-saving technologies and equipment modernization contribute to reducing the carbon footprint and strengthening competitiveness. The study highlights the relationship between climate ratings and compliance control: transparent reporting enhances companies' positions in sustainability indexes, which opens up access to green financing. The article's conclusions emphasize the role of compliance control as a strategic tool to minimize climate risks, comply with regulatory standards, and strengthen stakeholder confidence. Objectives. Substantiation of the need to transform compliance control in agricultural organizations for the most effective management of climate risks and the formation of transparent management reporting in the context of global environmental changes. Methodology. The research methodology is based on a dialectical approach, observation, synthesis of disparate information, and analysis of the results obtained. The information base of the research was made up of scientific papers and research by Russian and foreign scientists, research by consulting companies. Results. The article demonstrates that the introduction of a multi-stage compliance control methodology, including analysis of regulatory requirements, diagnosis of climate risks and integration of ESG standards, allows agricultural organizations to generate transparent reporting, despite systemic barriers - legal uncertainty and the gap between financial and non—financial data. The proposed solutions, such as digitalization of processes, climate audit, and data synchronization between departments, increase the accuracy of forecasting the economic effects of climate change, as evidenced by examples of investments in equipment modernization with reduced emissions. A direct relationship has been established between the quality of compliance control, positions in international ratings and access to "green" financing, which enhances business competitiveness. The practical value of the methodology is to reduce operating costs, minimize penalty risks and strengthen the trust of stakeholders, ensuring the long-term sustainability of the agricultural sector in the face of climate challenges. Conclusions. The article emphasizes that the transformation of compliance control in the agricultural sector is becoming a critical condition for adaptation to climate change, since the integration of climate risks into management reporting not only ensures regulatory compliance, but also forms the basis for strategic planning. Overcoming systemic barriers such as legal uncertainty and lack of expertise requires the introduction of digital tools, data synchronization between departments, and active participation in climate ratings, which increases transparency and attracts green investments. The results demonstrate that companies implementing climate audit and ESG standards reduce operating costs, minimize penalty risks, and strengthen their reputations by turning environmental challenges into competitive advantages. Thus, effective compliance control based on an interdisciplinary approach and technological innovations is becoming a key driver of sustainable agricultural development in the context of global climate transformation.

Economic impact of climate change on NTFP income in female-headed households: A Ricardian model approach

Spatial and spatio-temporal autoregressive models (SAR and STAR) explicitly conceptualize outcomes at one location as a function of outcomes at nearby locations and characterize substantial spatial dependencies. However, their application is constrained by huge computational burdens associated with model estimation, rendering them infeasible for large-scale real-world problems. To address this challenge, we proposed a novel architecture that extends the principles of graph convolutional neural networks to integrate spatial autoregression in neural networks (SARNNs). By establishing the mathematical and algorithmic equivalence between SARNNs and SAR, our approach ensures unbiased parameter estimations while reducing computational complexity to O(n) and makes SAR models scalable. Then, we developed STARNNs, a spatio-temporal extension of SARNNs, by properly stacking SARNNs to form an architecture equivalent to STAR models. The strategy enables efficient and tractable solutions for large-scale complex STAR models. Monte Carlo simulation experiments confirm the equivalence between SAR (STAR) and SARNN (STARNN) modeling and emphasize the critical role of a specifically designed loss function that explicitly incorporates spatial autocorrelation. With STARNNs, we implemented a high-resolution global-scale STAR model to assess economic losses induced by climate change. The results underscore the importance of considering spatial propagation effects to accurately quantify the economic consequences of climate change.

The study was conducted with the aim of women perception towards climate change in Bundelkhand region of Uttar Pradesh. Based on the output of this study, the sample had consisted of women aged 26–35 years (36.25%), the majority of whom were married (88.75%), belonged to medium-sized families (46.25%), and had a moderate monthly income (53.75%). Most participants had limited exposure to mass media (61.25%) and owned small landholdings (1–2 hectares) (65%), with 42.50%. A majority of women had experienced noticeable climate change effects, including rising temperatures, unpredictable weather patterns, reduced groundwater availability, altered plant nutrient content, delayed rainfall, increased drought frequency, and soil erosion. Most respondents agree on the environmental and economic effects of climate change. Data were analyzed using correlation coefficient which revealed that family Size, annual income, farming experience, and marital status were strongly and significantly associated with perceptions of climate change (p < 0.001). Age, Education, and Mass Media Exposure also showed statistically significant with moderate correlations (p < 0.05).

Climate change presents a growing challenge to agriculture, particularly in drought-prone regions like Ramanathapuram district, Tamil Nadu, where farming remains a primary livelihood. The present study was carried out from January to June 2024 in Ramanathapuram district, Tamil Nadu, focusing on analyzing the effects of climate change on farmers' livelihoods. This study employs the Ricardian model to assess the long-term impact of climate variability on farm income and employment, utilizing climate data from 1994 to 2023 and survey responses from 120 randomly selected farmers. Findings indicate a 1.3°C rise in maximum temperature and a 22% decline in rainfall over the study period, contributing to a 38% reduction in crop yields, with paddy, pulses, and millet being the most affected. The Ricardian analysis revealed that a 1% increase in maximum temperature during the rainy (kharif) season reduces net farm income by 0.45%, while a 1% rise in rainfall enhances income by 0.23%. Farmers identified drought (91.7%), groundwater depletion (82%), and soil degradation (65%) as major climate-induced challenges. Additionally, agricultural labour demand declined by 25%, prompting many farmers to shift to non-agricultural employment. Despite the critical role of agriculture in rural livelihoods, limited research has focused on quantifying the economic implications of climate change in Tamil Nadu’s coastal districts. This study bridges this gap by providing empirical evidence on climate-induced income and employment shifts, emphasizing the need for climate-resilient policies and sustainable agricultural strategies to ensure long-term economic stability.

Climate change is one of the most serious threats to sustainable development in the 21st century. The Kyrgyz Republic, a country with a high dependence on agriculture, is particularly vulnerable to climate change. This article examines in detail the economic effects of climate change on the development of rural entrepreneurship in the Kyrgyz Republic, including an analysis of yields, economic losses, adaptation measures, and political support.

Assessing the Economic Impact of Climate Change on Rice Production in Bangladesh: A Ricardian Approach for Sustainable Agriculture

Purpose: This study examines how climate change impacts the economic stability of Indian middle-class households by analyzing climate-driven fluctuations in their monthly budgets. It explores rising expenditures linked to climate-related needs, including heightened demand for comfort products and escalating healthcare costs. Methods: Adopting a mixed-methods design, the research integrates a structured survey of 124 respondents (purposively sampled across income categories) from Siddhartha University Kapilvastu with qualitative insights from open-ended responses to assess financial stress and adaptive strategies.Results: Findings reveal a surge in purchases of energy-intensive appliances (e.g., air conditioners, heaters) as households combat temperature extremes, alongside rising healthcare expenses from climate-induced ailments like respiratory illnesses. These adaptive expenditures strain budgets, often forcing reliance on loans and EMIs. The study underscores climate change’s direct economic burden, highlighting significant budget pressures from climate-driven consumption and healthcare costs.Conclusion: Climate change directly impacts the financial well-being of Indian middle-class households by increasing their expenditure on consumer durables, electricity bills, healthcare, etc. To maintain comfortable living conditions, households often purchase goods beyond their financial capacity, which results in reliance on personal loans and EMIs. The study concludes that the economic burden of climate change on middle-class households is substantial, highlighting the link between climate impacts the rising household expenditures.

Economic Effects of Climate Change in Russia

Economic Impact of Climate Change on Agriculture and Food Security: A Comparative Study of Smallholder Farmers in Nigeria and Ghana

An integrated approach for assessing the economic impact of climate change on hydropower systems

SSP・­RCPシナリオの下での気候変動による環境·経済影響評価

ABSTRACT The increasing occurrence and severity of drought under climate change pose significant challenges to China. Although there is growing literature on the economic impact of climate change, research on how drought affects the economy from a frequency domain perspective remains limited. This study empirically applies the Hilbert-Huang Transformation (HHT) and a Structural Vector Autoregressive (SVAR) model to examine the intricate relationship between extreme weather events, specifically drought, and China’s economic growth through a comprehensive time-frequency analysis. Using the HHT, we uncover the underlying periodicities within China’s GDP growth rates, systematically clarifying these into short, medium, and long-term growth cycles. Subsequent quantification with the SVAR model reveals that drought affects economic growth differently across various frequency perspectives, allowing us to discern the macroeconomic impacts of droughts over different time horizons. Droughts precipitate immediate but transient declines in short-term economic growth, while causing volatile impacts on medium-term components and more enduring effects on long-term components.

Sustainable development of domestic agricultural production involves the use of new approaches to ensuring the financial security of agricultural producers, which is due to modern geopolitical challenges and the dynamics of economic development in Russia. The article focuses on solving the problems of ensuring the financial security of regional agri-food market entities in the context of tightening sanctions, developing an import substitution strategy and scientific and technological development of the agro-industrial complex. The study identified a number of problems in ensuring the financial security of agricultural organizations in the region: economic consequences of climate change, instability of purchase prices for agricultural products, dependence of agricultural production on imports, poor development of the insurance system of the agro-industrial sector, insufficient government support, personnel crisis, and others. The purpose of the study is to identify existing problems and develop directions for ensuring the financial security of agricultural entities in the region in the context of a mobilization economy. The research methodology is based on the use of various methods and approaches that consider the process of ensuring the financial security of agricultural organizations as a result of solving interrelated problems. The results of the study can be used in the framework of measures to improve the system of financial support for agricultural producers at the federal and regional levels and to ensure their financial security.

Climate change represents a significant challenge for agricultural production, affecting both economic sustainability and crop quality. This study aimed to analyze the economic impact of climate change on the agricultural sector in the province of Cotopaxi, considering the decrease in companies, variations in sales, and climatic records between 2021 and 2023. The research used a quantitative approach, with a non-experimental and longitudinal design. Surveys were applied to 200 agricultural producers and economic and climatic data were analyzed, including precipitation and temperature anomalies. Statistical analyses, such as correlations and scatter plots, were performed to identify relationships between the variables. The results show that the number of agricultural companies decreased by 68.4% during the period analyzed, while sales increased by 17.6%. Average rainfall decreased significantly, with temperature anomalies reaching peaks of 1.7 °C in 2023. Adverse weather events, such as droughts and excessive rainfall, have directly affected crop quality, with 52.5% of producers reporting deterioration in theirproducts. In addition, a negative correlation was identified between rainfall and the number of companies, reflecting the economic vulnerability of the sector. In conclusion, climate change has had a severe impact on agricultural production in Cotopaxi, especially on small producers. It is essential to strengthen public policies, access to financing and technical training to mitigate these effects and ensure the sustainability of the sector in the long term.

The study is devoted to the economic consequences of climate change for agriculture and the assessment of adaptation measures. Climate risks are analyzed, including reduced crop yields, increased production costs and destabilization of agricultural markets. Macroeconomic effects, regional differences and social consequences of climate change are considered. The effectiveness of adaptation strategies, such as the introduction of sustainable agricultural technologies, state support and digitalization of the agricultural sector, is assessed. Recommendations are proposed to minimize economic losses and increase the climate resilience of agriculture.

Climate change threatens not just other resources but also the supply of water, one of the world's most valuable commodities. Human health and traditional practices are being negatively affected by the changes taking place in the biosphere, biodiversity, and natural resources. Most climate scientists predict that India will see warmer-than-average temperatures throughout the 21st century. Temperatures in India will vary more widely from season to season, with warmer winters and cooler summers being the most noticeable differences. Heat waves in India have been becoming longer and longer in recent years due to warmer nights and higher daytime temperatures, and this trend are expected to persist. It is projected that if CO2 concentrations were to double, the average temperature would rise by 2.33. to 4.78 degrees Celsius. This hot wave will hit India's agriculture sector the hardest due to the increasing unpredictability of the summer monsoon rains. The average global temperature and CO2 levels are predicted to rise significantly in the future, according to climate models. Nonetheless, when it comes to foretelling future changes to the local weather, these models fall short. On the off chance that plant diseases can be reined in, agricultural methods that take advantage of local plant species, cropping patterns, soil conditions, and climatic factors like rainfall, temperature, sunshine, and wind might exponentially increase food production.

Climate change will have an increasing impact on agriculture through both on-farm weather events and climate-related initiatives. However, many farmers, while perceiving the climate as changing, do not believe in climate change’s anthropogenic (i.e., human-caused) nature which could prevent farmer buy-in for climate change mitigation and adaptation strategies. Because agricultural magazines have been established as a widely utilized source of information for farmers and media coverage has been shown to relate to perceptions through the agenda setting process, this study investigated the nature of the coverage of climate change articles from three agricultural magazines from 2000-2020 (N = 271). Through a quantitative content analysis, we determined the articles’ frames, sources, proposed economic impact of climate change, recommended action or proposed solution, determined cause of climate change, and logic (convinced or skeptical). This analysis revealed the dominant frame of the articles were scientific certainty, followed by political, conflict, and scientific uncertainty. The most frequently used sources were university scientists/Extension, followed by government officials and government research organizations. Articles were most likely to not mention the cause or economic impact of climate change. Articles tended to mention carbon sequestration more than other potential behaviors. The articles mostly portrayed a convinced logic about climate change. This study serves as a cultural artifact of the nature of climate change coverage in agricultural magazines and contributes to the burgeoning research efforts to best communicate this contentious topic to agriculturalists and encourage adoption of climate-smart agricultural practices.