Assessment of Climate Change and Adaptation Policies for Sustainable Food Security

Ferdous Ahmed (), Abul Quasem Al-Amin () and Zeeda Fatimah Mohamad ()
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Ferdous Ahmed: International University of Business Agriculture and Technology (IUBAT)
Abul Quasem Al-Amin: University of Waterloo
Zeeda Fatimah Mohamad: University of Malaya (UM)

Chapter Chapter 3 in Climate Change and Adaptation for Food Sustainability, 2021, pp 63-103 from Springer

Abstract: Abstract To formulate sustainable adaptation policies for food security in Malaysia, it is essential to generate a specific model to identify possible outcomes and results. Therefore, this research study systematized a dynamic Malaysian Integrated Climate and Economy (MICE) model based on computable general equilibrium (CGE) methods to find optimized results for climate-related issues that incorporates aggregated agricultural sectors for food security and sustainability issues. First, it developed a social accounting matrix (SAM) based on a Malaysian input-output (IO) table of 2005 (latest), which was updated for 2010 from the national account. Then the MICE model determined how climate change impacts will be translated into monetary damage and how this damage can be reduced via different levels of adaptation strategies and choices over long time periods. This methodology and framework, applied to quantify the economic impacts of climate change and adaptation It establishes an integrated approach incorporating general equilibrium models based on an IO model, SAM model, and MICE-CGE model that is more robust and comprehensive for food sustainability. Therefore, this climate model successfully integrated in the different climate change adaptation scenarios from 2015 to 2065 to determine and diminish the policy shocks.

Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-85375-4_3

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DOI: 10.1007/978-3-030-85375-4_3

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