Project description
Assessing climate-smart agriculture’s economic effects in South Asia
Climate uncertainty and extremes disproportionally affect South Asian agriculture, food security and the livelihoods of small-scale farmers. Climate-smart agriculture (CSA) can address these challenges through increasing productivity, adaptation and mitigation. However, although some governments are working to promote CSA technologies, the economic effects of these practices are not yet assessed. The EU-funded EconCSA project will study the economic efficiency of CSA practices. It will carry out a cost and benefit analysis of farm production systems in India, Nepal and Sri Lanka. The outcomes of the research would support for the farmers to make decisions on the most efficient option to establish the best-bet CSA investment portfolios and for policymakers to formulate effective climate change and agricultural policies and programmes in South Asia.
Objective
The South Asian countries are experiencing climate uncertainty and extremes which are disproportionally affecting agriculture, food security and livelihoods of small-scale farmers. Climate-smart agriculture (CSA) is undoubtedly important to deal with challenges through increasing productivity, adaptation and mitigation. Currently, some of the governments are working to promote CSA technologies to reduce the climate change effects on the agricultural sector and enhance the resilience of small-scale farmers. However, the economic effects of these practices have not been done yet. This research aims to assess the economic efficiency of CSA practices through cost and benefit analysis in the South Asian countries particularly in Nepal, India and Sri Lank (NIS). A thorough understanding of the costs and benefits of CSA options is urgently needed to identify the best adaptation options and their tradeoffs, to scale out the economically feasible technologies and to channel investments effectively and efficiently towards both short- and long-term interventions. The research assesses the cost-benefit of the CSA options into farm production systems. Indicators related to profitability and valuation of environmental and social externalities will be used to assess CSA options. Extended Net Present Value and Real Options Valuation method will be applied to address the uncertainty. The outcomes of the research would support for the farmers to make decisions on the most efficient option to establish the best-bet CSA investment portfolios and for policymakers to formulate effective climate change and agricultural policies and programs in South Asia. The research generates evidence-based knowledge material that fosters the links between science, practice and policy linkages for sustainable food security, small-scale farmers' resilience to climate change; and it is in line with the EU Agricultural Policy. Further, it will help to achieve the SDGs 1, 2 and 13 in the studied countries.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
- social sciences economics and business economics production economics productivity
- agricultural sciences agriculture, forestry, and fisheries agriculture
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Keywords
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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HORIZON.1.2 - Marie Skłodowska-Curie Actions (MSCA)
MAIN PROGRAMME
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Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
HORIZON-TMA-MSCA-PF-EF - HORIZON TMA MSCA Postdoctoral Fellowships - European Fellowships
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Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) HORIZON-MSCA-2021-PF-01
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Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
20123 Milano
Italy
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.