Fertile Futures: Scenario Analysis on the Interconnected Dynamics of Fertiliser and Agricultural Markets
Fertilisers are crucial components of food systems, with impacts beyond agricultural markets. This study utilises the OECD-FAO Aglink-Cosimo model to examine the intricate interplay between fertiliser markets, policies, and their repercussions on agricultural markets, food security, and environmenta...
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Format: | Elektronisch E-Book |
Sprache: | English |
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Paris
OECD Publishing
2024
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Schriftenreihe: | OECD Food, Agriculture and Fisheries Papers
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Online-Zugang: | kostenfrei |
Zusammenfassung: | Fertilisers are crucial components of food systems, with impacts beyond agricultural markets. This study utilises the OECD-FAO Aglink-Cosimo model to examine the intricate interplay between fertiliser markets, policies, and their repercussions on agricultural markets, food security, and environmental sustainability over the medium term. Two distinct scenario analyses reveal significant insights. The first scenario shows that while short-term disruptions in fertiliser supply can be mitigated by existing stocks, prolonged deficits will increase global food prices by up to 6%, posing long-term threats to agriculture. In the second scenario, the removal of fertiliser subsidies in India leads to reduced domestic use, resulting in decreased agricultural production and exports coupled with increased imports. Although this will cause a modest 0.8% increase in global food prices, it will substantially cut agricultural greenhouse gas emissions by 7 million tonnes of CO2 equivalent, highlighting the pivotal role of domestic policies in attaining global environmental sustainability goals |
Beschreibung: | 1 Online-Ressource (31 Seiten) 21 x 28cm |
DOI: | 10.1787/b1606a57-en |
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language | English |
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spelling | Adenäuer, Marcel Verfasser aut Fertile Futures Scenario Analysis on the Interconnected Dynamics of Fertiliser and Agricultural Markets Marcel, Adenäuer, Edith, Laget and Merritt, Cluff Paris OECD Publishing 2024 1 Online-Ressource (31 Seiten) 21 x 28cm txt rdacontent c rdamedia cr rdacarrier OECD Food, Agriculture and Fisheries Papers Fertilisers are crucial components of food systems, with impacts beyond agricultural markets. This study utilises the OECD-FAO Aglink-Cosimo model to examine the intricate interplay between fertiliser markets, policies, and their repercussions on agricultural markets, food security, and environmental sustainability over the medium term. Two distinct scenario analyses reveal significant insights. The first scenario shows that while short-term disruptions in fertiliser supply can be mitigated by existing stocks, prolonged deficits will increase global food prices by up to 6%, posing long-term threats to agriculture. In the second scenario, the removal of fertiliser subsidies in India leads to reduced domestic use, resulting in decreased agricultural production and exports coupled with increased imports. Although this will cause a modest 0.8% increase in global food prices, it will substantially cut agricultural greenhouse gas emissions by 7 million tonnes of CO2 equivalent, highlighting the pivotal role of domestic policies in attaining global environmental sustainability goals Agriculture and Food Environment Laget, Edith ctb Cluff, Merritt ctb https://doi.org/10.1787/b1606a57-en Verlag kostenfrei Volltext |
spellingShingle | Adenäuer, Marcel Fertile Futures Scenario Analysis on the Interconnected Dynamics of Fertiliser and Agricultural Markets Agriculture and Food Environment |
title | Fertile Futures Scenario Analysis on the Interconnected Dynamics of Fertiliser and Agricultural Markets |
title_auth | Fertile Futures Scenario Analysis on the Interconnected Dynamics of Fertiliser and Agricultural Markets |
title_exact_search | Fertile Futures Scenario Analysis on the Interconnected Dynamics of Fertiliser and Agricultural Markets |
title_full | Fertile Futures Scenario Analysis on the Interconnected Dynamics of Fertiliser and Agricultural Markets Marcel, Adenäuer, Edith, Laget and Merritt, Cluff |
title_fullStr | Fertile Futures Scenario Analysis on the Interconnected Dynamics of Fertiliser and Agricultural Markets Marcel, Adenäuer, Edith, Laget and Merritt, Cluff |
title_full_unstemmed | Fertile Futures Scenario Analysis on the Interconnected Dynamics of Fertiliser and Agricultural Markets Marcel, Adenäuer, Edith, Laget and Merritt, Cluff |
title_short | Fertile Futures |
title_sort | fertile futures scenario analysis on the interconnected dynamics of fertiliser and agricultural markets |
title_sub | Scenario Analysis on the Interconnected Dynamics of Fertiliser and Agricultural Markets |
topic | Agriculture and Food Environment |
topic_facet | Agriculture and Food Environment |
url | https://doi.org/10.1787/b1606a57-en |
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