Joint Liability Model with Adaptation to Climate Change
This paper extends the application of ESG score assessment methodologies from large corporations to individual farmers' production, within the context of climate change. Our proposal involves the integration of crucial agricultural sustainability variables into conventional personal credit evaluation frameworks, culminating in the formulation of a holistic sustainable credit rating referred to as the Environmental, Social, Economics (ESE) score. This ESE score is integrated into theoretical joint liability models, to gain valuable insights into optimal group sizes and individual-ESE score relationships. Additionally, we adopt a mean-variance utility function for farmers to effectively capture the risk associated with anticipated profits. Through a set of simulation exercises, the paper investigates the implications of incorporating ESE scores into credit evaluation systems, offering a nuanced comprehension of the repercussions under various climatic conditions.
Code (0)
등록된 구현이 없습니다.
Tasks
modelMethods 이 논문이 사용한 방법론
Similar Papers 제목 키워드 기반
What shapes climate change perceptions in Africa? A random forest approach
Climate change perceptions are fundamental for adaptation and environmental policy support. Although Africa is one of the most vulnerable regions to climate change, little research has focused on how climate change is pe…
CAIRNS: Balancing Readability and Scientific Accuracy in Climate Adaptation Question Answering
Climate adaptation strategies are proposed in response to climate change. They are practised in agriculture to sustain food production. These strategies can be found in unstructured data (for example, scientific literatu…
Reinforcement LearningQuestion AnsweringOn the Financing of Climate Change Adaptation in Developing Countries
I offer reflections on adaptation to climate change, with emphasis on developing areas.
DeepSD: Generating High Resolution Climate Change Projections through Single Image Super-Resolution
The impacts of climate change are felt by most critical systems, such as infrastructure, ecological systems, and power-plants. However, contemporary Earth System Models (ESM) are run at spatial resolutions too coarse for…
Image Super-ResolutionSuper-ResolutionThe Economics of Climate Adaptation: An Assessment
The cost of the impacts of climate change have already proven to be larger than previously believed. Understanding the costs and benefits of adapting to the changing climate is necessary to make targeted and appropriate …