Future research needs

It is possible to identify at least five areas of research and policy advocacy relevant for the OECD in relation to furthering the economics of climate change in agriculture. These are:

• Integrated impact assessment leading to valuation of market and non-market impacts;

• The promotion of adaptation frameworks based on cost-benefit analysis;

• The development of marginal abatement cost modelling to develop emissions budgets;

• Research on the application of alternative voluntary and market-based instruments in relation to food and farming; and

• Behavioural change in farming and consumer behaviours.

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