Realigning Agricultural Support to Promote Climate-Smart Agriculture
This note, prepared by the World Bank Food and Agriculture Global Practice ahead of the 24th Conference of the Parties to the United Nations Framework Convention on Climate Change examines the case for realigning agriculture support to promote clim...
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| Format: | Brief |
| Language: | English |
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World Bank, Washington, DC
2018
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| Online Access: | http://documents.worldbank.org/curated/en/734701543906677048/Realigning-Agricultural-Support-to-Promote-Climate-Smart-Agriculture http://hdl.handle.net/10986/30934 |
| Summary: | This note, prepared by the World Bank
Food and Agriculture Global Practice ahead of the 24th
Conference of the Parties to the United Nations Framework
Convention on Climate Change examines the case for
realigning agriculture support to promote climate-smart
agriculture. From 2015 to 2017, the group of 51 countries
analyzed provided approximately 570 billion US dollars
annually in public support for agricultural producers,
according to the Organisation for Economic Co-operation and
Development (OECD). Distortionary agricultural subsidies
often result in large negative impacts, worsening rather
than improving climate outcomes. Significant opportunities
exist to realign public support to deliver public-good
outcomes and, in particular, promote climate-smart
agriculture (CSA). |
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