Climate change affects the mean and variability of weather conditions and the frequency of extreme events, which to a great extent determines the variability of production and yields. This paper reviews the scientific literature on the impacts of climate change on yield variance and investigates their implications for the demand of crop insurance and effectiveness of different farm strategies and policy measures using crop farm data in Australia, Canada and Spain.
By Jesús Antón, Shingo Kimura, Jussi Lankoski, and Andrea Cattaneo
Photo: N. Palmer (CIAT)



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