This report presents a global integrated assessment of the range of potential economic impacts of climate change and stringent mitigation measures in the agricultural sector. The analysis employs five global multi-region multi-commodity models and covers selected combinations of socioeconomic...

In 2012, the European Commission (EC) launched the Bioeconomy Strategy and Action Plan with the objective of establishing a resource efficient and competitive society that reconciles food security with the sustainable use of renewable resources. This report contributes to the plan by evaluating...

This report presents a description of the economic modelling tool MAGNET employed by the Joint Research Centre (JRC) to perform assessments of, among others, the bioeconomy. Additional sector splits of the bio-based sectors as well as the launch of the MAGNET Sustainable Development Goal...

The land supply elasticity with respect to the land price (land rent) is a key parameter in determining the land supply impacts of economic shocks and policies and the resulting impacts on food prices and food and nutrition security. For example, Elobeid at al., 2011 shows that halving the area...

Food security, natural resources and climate change related questions focusing on a longer time horizon (2050+) are gaining importance. To assess the requirements and challenges entailed with the simulation of long-term issues in the agri-food sector the JRC-IPTS carried out the project...