The management of rangelands, including climate change adaptation strategies, is primarily responsible for stimulating livestock productivity, which consequently improves food security. This paper investigates the impact of climate change adaptations on food security among pastoralists in semi-arid parts of Kenya, who have not received due attention to date. Using an endogenous switching regression model, the current study revealed that pastoralists’ food security increased significantly when they employed measures to adapt to climate change.

This study was undertaken in Laikipia County, Kenya, to identify factors influencing the choices of strategies by pastoralists to adapt to climate change. The study particularly evaluates the role of perceived climate extremes (frequency of dry spells and droughts), early warning information, and access to private ranch grazing, in determining response decisions to climate change. Besides, we test if households jointly adopt climate change adaptation strategies. The primary data collected from 440 sample households was analyzed using the multivariate probit (MVP) model.

Climate scientists, and natural scientists more generally, believe that climate change is a major, perhaps the most important, problem facing humankind this century, and that it is increasingly linked to extreme weather events. However, the impression one gets from much of the economic literature, particularly simulations from integrated assessment models used in policy analysis, is that the potential impacts of climate change are not large enough to warrant aggressive mitigation efforts in the near term.

This paper aims to examine the cross-correlation relationship between EU carbon market price and the economic policy uncertainty. The United Kingdom and the United State of America are chosen as the representative countries. We first conduct the linear analysis to explore the correlation of EU carbon market futures return with the economic policy uncertainty of the two countries. Our findings show that there is no linear correlation between EU carbon market return and economic policy uncertainty.

Abstract

Abstract