Scientists working in this program conduct projects related to integrating climate models to economic and financial systems. The RPT conducts research into:
- developing highly efficient targeted insurance programs by better appreciating climate risks, aligning with the producers’ needs and local and global re/insurance markets
- developing bio-economic and hydro-economic models (farm and system level) to assess the economic impacts of agricultural and water management interventions, adaptation/mitigation strategies and policies
- assessing economic value of improved climate risk management strategies through the application of seasonal climate forecasts for key agricultural industries, and
- developing of user-friendly decision/discussion support tools for improved capacity and decision-making.