A guide towards climate change adaptation in the livestock sector: Adaptation options and the role of robust decision-making tools for their economic appraisal

dc.contributor.authorDittrich, R
dc.contributor.authorWreford, Anita
dc.contributor.authorTopp, CFE
dc.contributor.authorEory, V
dc.contributor.authorMoran, D
dc.date.accessioned2018-04-03T22:40:23Z
dc.date.available2017-03-03
dc.date.issued2017-08
dc.date.submitted2017-01-09
dc.description.abstractEconomic appraisal and technical effectiveness of adaptation options are key criteria for judging climate change adaptation investment decisions in all sectors. Yet relatively little methodological guidance exists for determining the most appropriate appraisal techniques for different adaptation options. This paper provides adaptation options and scopes relevant appraisal methods in agriculture focussing on livestock production specifically. We find that for many adaptation options for livestock agriculture, standard (expected) cost-benefit analysis is an appropriate tool. For adaptation options requiring long lead times or those with long lifetimes, techniques incorporating uncertainty (‘robust’ methods) are more suitable, including real options analysis, portfolio analysis and robust decision-making. From a comprehensive list of adaptation options in the livestock sector, we identify the most appropriate appraisal technique for each option and describe how the robust appraisal tools could be applied to heat stress, flood risk and water management.
dc.format.extentpp.1701-1712
dc.identifierhttps://www.webofscience.com/api/gateway?GWVersion=2&SrcApp=elements_prod&SrcAuth=WosAPI&KeyUT=WOS:000405800600011&DestLinkType=FullRecord&DestApp=WOS
dc.identifier.citationDittrich, R., Wreford, A., Topp, C.F.E., Eory, V., & Moran, D. (2017). A guide towards climate change adaptation in the livestock sector: Adaptation options and the role of robust decision-making tools for their economic appraisal. Regional Environmental Change, 17(6), 1701-1712. doi:10.1007/s10113-017-1134-4
dc.identifier.doi10.1007/s10113-017-1134-4
dc.identifier.eissn1436-378X
dc.identifier.issn1436-3798
dc.identifier.otherFA9XX (isidoc)
dc.identifier.urihttps://hdl.handle.net/10182/9200
dc.languageen
dc.language.isoen
dc.publisherSpringer
dc.relationThe original publication is available from Springer - https://doi.org/10.1007/s10113-017-1134-4 - http://dx.doi.org/10.1007/s10113-017-1134-4
dc.relation.isPartOfRegional Environmental Change
dc.relation.urihttps://doi.org/10.1007/s10113-017-1134-4
dc.rights© The Author(s) 2017. This article is published with open access at Springerlink.com This article is distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution, and reproduction in any medium, provided you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license, and indicate if changes were made.
dc.rights.ccnameAttribution
dc.rights.ccurihttps://creativecommons.org/licenses/by/4.0/
dc.subjectlivestock
dc.subjecteconomic appraisal
dc.subjectclimate change adaptation
dc.subjectrobust methods
dc.subject.anzsrcANZSRC::070101 Agricultural Land Management
dc.subject.anzsrcANZSRC::070299 Animal Production not elsewhere classified
dc.subject.anzsrcANZSRC::149902 Ecological Economics
dc.titleA guide towards climate change adaptation in the livestock sector: Adaptation options and the role of robust decision-making tools for their economic appraisal
dc.typeJournal Article
lu.contributor.unitLU
lu.contributor.unitLU|Agribusiness & Economics Research Unit
lu.contributor.unitLU|Research Management Office
lu.contributor.unitLU|Research Management Office|OLD QE18
lu.contributor.unitLU|Research Management Office|OLD PE20
lu.contributor.unitLU|Centre of Excellence for One Biosecurity Research, Analysis and Synthesis
lu.identifier.orcid0000-0002-9546-4080
pubs.issue6
pubs.publication-statusPublished
pubs.publisher-urlhttp://dx.doi.org/10.1007/s10113-017-1134-4
pubs.volume17
Files