How is climate change risk perception shaped? The role of risk framing, external incentives, and personal norms in agriculture
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Purpose: This study analyses how weather shocks influence agricultural entrepreneurs’ risk perception and how they manage these risks. It explores what risks agricultural entrepreneurs perceive as important, and how they face climate change and related weather shock risks compared to the multiple risks of the enterprise. Design/methodology: This paper uses qualitative data from several sources: eight semi-structured interviews with experts in agriculture, three focus groups with experts and entrepreneurs, and 32 semi-structured interviews with agricultural entrepreneurs. Findings: not published yet Originality and value: This study contributes to the literature about risk management by small- and medium-sized agricultural enterprises: it studies factors that shape perceptions about weather shocks and about climate change and how these perceptions affect actions to manage related risks, and it identifies factors that motivate agricultural entrepreneurs to adapt to climate change and changing weather shock risks. Practical implications can lay the foundation for concrete actions and policies to improve the resilience and sustainability of the sector, by adjusting risk management strategies, collaboration, knowledge sharing, and climate adaptation policy support.
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As climate change continues to intensify, the agricultural sector is increasingly exposed to environmental risks such as extreme weather events, prolonged droughts, and shifting growing seasons. These risks have significant implications for the resilience and sustainability of agricultural systems, particularly for arable farming which is highly dependent on weather conditions. However, farmers’ responses to climate change risks vary greatly. Understanding how farmers perceive these risks and what drives their perceptions, is crucial for designing effective adaptation strategies and risk governance mechanisms (Grothmann & Patt, 2005; Mitter et al., 2019). This study addresses the question: “How do arable farmers shape their climate change risk perceptions?”
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Purpose: The purpose of this research is to develop a “risk resilience model” for agricultural SMEs, that prepares farmers to the effects of major environmental challenges like climate change and weather shocks. Methodology: Action research is the methodology used. It was based on a template for qualitative research. Involved in the inquiry, action and reflection phase are: four Dutch SME farmers, strategic risk management experts, agricultural experts, and bachelor students. Findings: As an outcome of this study, a “risk resilience model” has been developed. It supports farmers/agribusiness firms to reach their orientation to a longer timeframe. Systemically seen, it provides a holistic view that enables farmers/entrepreneurs, and stakeholders to operationalize their ambitions from a responsible and sustainable business, including environmental, social, governance elements in interaction with the system they are part of. Originality and value: This study contributes by proposing a “risk resilience model” for SME farmers. Furthermore, the study conceptualizes risk resilience for farmers, by looking through a lens of multiple value creation in a dynamic context and based on insights from different fields, actual ESG knowledge, and determinants for risk resilience, competitive advantage and agricultural resilience.
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International Womans day in Katowice, presentation about Sustainable risk leadership
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The Northern Netherlands is like many delta’s prone to a wide range of climate change effects. Given the region its long history with floods and adaptation, there are numerous initiatives to be found that tried to battle these effects. As part of the Climate Adaptation Week Groningen, an inventory was made of these initiatives. The most inspiring ones were coined ‘best practices’, and analysed in order to learn lessons. A distinction was made between 4 regional landscape types. The first consists of the coastline itself, where the effects of the rising sea level begin to show. The second covers the farmlands near the coastlines, where challenges such as salinisation and the loss of biodiversity prevail. A third landscape covers the historically compact cities, which have to deal with rising temperatures and heavy rainfall in increasingly limited spaces. The fourth and final landscape comprises the wetlands surrounding the cities, where the natural capacity to retain and store rainwater is undermined by its agriculture usage. Most of these challenges form a risk for maintaining a liveable region. The best practices that were collected show a diverse set of innovations and experiments, both on small and large scales. Three main characteristics could be distinguished that illustrate trends in climate adaptation practices. First, many best practices were aimed at restoring and embracing the natural capacity of the different landscapes, giving more and more room for the building with nature concept as part of building resilience. Second, climate adaptation is seldomly focussed on as the sole function of a spatial intervention, and is almost always part of integrated plans in which biodiversity, agriculture, recreation or other themes are prolonged with it. A third and last characteristic shows that many projects embed a strong focus on the historical context of places as a source of inspiration and cultural identity. The best practices show how different ways of adapting are emerging and can inspire planners across the world.
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Purpose: The purpose of this study is to find determinants about risk resilience and develop a new risk resilience approach for (agricultural) enterprises. This approach creates the ability to respond resiliently to major environmental challenges and changes in the short term and adjust the management of the organization, and to learn and transform to adapt to the new environment in the long term while creating multiple value creation. Design/methodology: The authors present a new risk resilience approach for multiple value creation of (agricultural) enterprises, which consists of a main process starting with strategy design, followed by an environmental analysis, stakeholder collaboration, implement ESG goals, defining risk expose & response options, and report, learn & evaluate. In each step the organizational perspective, as well as the value chain/area perspective is considered and aligned. The authors have used focus groups and analysed literature from and outside the field of finance and accounting, to design this new approach. Findings: Researchers propose a new risk resilience approach for (agricultural) enterprises, based on a narrative about transforming to multiple value creation, founded determinants of risk resilience, competitive advantage and agricultural resilience. Originality and value: This study contributes by conceptualizing risk resilience for (agricultural) enterprises, by looking through a lens of multiple value creation in a dynamic context and based on insights from different fields, actual ESG knowledge, and determinants for risk resilience, competitive advantage and agricultural resilience.
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Purpose: The purpose of this study is to find determinants about risk resilience and develop a new risk resilience approach for (agricultural) enterprises. This approach creates the ability to respond resiliently to major environmental challenges and changes in the short term and adjust the management of the organization, and to learn and transform to adapt to the new environment in the long term while creating multiple value creation. Design/methodology: The authors present a new risk resilience approach for multiple value creation of (agricultural) enterprises, which consists of a main process starting with strategy design, followed by an environmental analysis, stakeholder collaboration, implement ESG goals, defining risk expose & response options, and report, learn & evaluate. In each step the organizational perspective, as well as the value chain/area perspective is considered and aligned. The authors have used focus groups and analysed literature from and outside the field of finance and accounting, to design this new approach. Findings: Researchers propose a new risk resilience approach for (agricultural) enterprises, based on a narrative about transforming to multiple value creation, founded determinants of risk resilience, competitive advantage and agricultural resilience. Originality and value: This study contributes by conceptualizing risk resilience for (agricultural) enterprises, by looking through a lens of multiple value creation in a dynamic context and based on insights from different fields, actual ESG knowledge, and determinants for risk resilience, competitive advantage and agricultural resilience.
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International Week workshop in Madrid over Sustainable Risk Leadership
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The purpose of this study is to analyze the relationship between sustainable performance and risk management, whereby sustainability (innovation), interdisciplinarity and leadership give new insights into the traditional perspectives on performance and risk management in the field of accounting and finance.
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