Risk extension: A step to capability for building farmers’ resilience and adaptation to climate changes

Title : Risk extension: A step to capability for building farmers’ resilience and adaptation to climate changes

Abstract:

Agricultural processes along the entire value chain, from supply to marketing, face numerous risks, including climate change, marketing risks, financial risks, technological risks, health risks, and legal risks. Farmers, input suppliers, crop traders, exporters, and other stakeholders in the agricultural supply chain are all exposed to these risks. The major sources of production risks are climate change, pests, diseases, technology, genetics, machinery efficiency, and the quality of inputs. Fire, wind, theft, and other casualties are also sources of production risk.
Agricultural producers make decisions in a risky environment every day. The consequences of their decisions are generally not known when the decisions are made. Furthermore, the outcome may be better or worse than expected. For example, many daily activities of farmers have legal implications. Recognizing these issues can improve risk management decisions.For instance, using pesticides has legal implications if safety measures are not followed. Therefore, it is necessary to address the risks facing various agricultural processes. Risk management involves selecting among various risk management strategies and tools designed to mitigate the effects of climate change, human factors, and other conditions that can cause significant fluctuations in farm income. This highlights the importance of educating stakeholders across the value chain on how to manage risks.
The aim should be to improve farmers’ risk management skills. Risk extension, as a core element of risk management, raises farmer awareness and assists in decision-making based on early climate warnings. There is a wide variety of established risk management tools available, and new tools are continually developed. By becoming familiar with and applying these tools, crop producers can develop the confidence required to manage risks and seize future opportunities. Public and private sector stakeholders, crop insurance agents, lenders, and other agricultural professionals are targeted to share ongoing and emerging successful awareness efforts in a unique, exclusive, and emerging field: and agricultural producers and their families. Participants will be aware how to help producers manage the impact of climate change on their agribusinesses.

Biography:

Dr. Rasha M. E. Shabana is from Egypt and works at the Agricultural Extension and Rural Development Research Institute at the Agricultural Research Center as an assistant professor. She has published several research papers in the field of agricultural extension. She is a member of the Scientific Association for Agricultural Extension. She travelled to India in 2014 to attend a training program within the framework of Asian–African relations titled “Participation in International Training Programme on Geo-Informatics Applications in Rural Development.” She has attended numerous seminars and scientific events, both online and in person, most of which were organized by international organizations such as IFAD and FAO. She has also attended several local conferences.