ARC Future Fellowships - Grant ID: FT220100695

Funding Activity

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Funded Activity Summary

Quantifying the economic and social impacts of drought in rural Australia. Climate-change research predicts drought is likely to increase its frequency, duration and severity, drastically challenging Australian agriculture and rural societies. The aim of this project is to use innovative techniques to analyse (i) national datasets to determine the economic and social impacts of droughts in rural and regional Australia; and (ii) the results of a national survey to estimate and understand farmers’ drought adaptation responses to carbon-credit market signals. The outcomes are expected to be a major step in developing and implementing cost-effective drought policies and services to minimise its complex impacts, strengthen rural and regional community resilience, and enhance sustainable agriculture in Australia.

Funded Activity Details

Start Date: 06-2023

End Date: 06-2027

Funding Scheme: ARC Future Fellowships

Funding Amount: $1,035,279.00

Funder: Australian Research Council

Research Topics

ANZSRC Field of Research (FoR)

Environment and resource economics | Applied economics | Agricultural economics

ANZSRC Socio-Economic Objective (SEO)