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Building the resilience of New Zealand’s agricultural sector to floods

Francesca Casalini, Morvarid Bagherzadeh and Emily Gray

No 160, OECD Food, Agriculture and Fisheries Papers from OECD Publishing

Abstract: New Zealand’s agricultural sector faces the challenge of building long-term resilience to floods, which are projected to increase due to climate change. The New Zealand agricultural sector receives minimal government support and the policy environment focuses on providing an enabling environment for farmers to build their own resilience capacities, while the government has a more direct, but limited, role during disaster response and recovery. Key good practices include an ex ante framework to discipline ex post assistance to agriculture; incentives for industry groups to develop support resources for farmers; and an emphasis on mental wellbeing following a crisis. Nevertheless, further efforts to strengthen resilience could benefit from: (i) improved data collection to support targeted investments in risk prevention and mitigation; (ii) increased public-private collaboration to develop and diffuse effective solutions for adapting to and mitigating the risks of natural hazard-induced disasters on farms, including by leveraging the renewed engagement on extension services; and (iii) greater commitment to ensuring preparedness and response capacities in rural regions.

Keywords: Agricultural risk management; Floods; Natural disaster risk; Resilience (search for similar items in EconPapers)
JEL-codes: Q15 Q16 Q18 Q25 Q54 (search for similar items in EconPapers)
Date: 2021-06-01
New Economics Papers: this item is included in nep-agr and nep-env
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