POLICY SEMINAR: Harmful Environmental Impacts of Agricultural Subsidies
Co-organized by IFPRI and The University of Adelaide
Agricultural subsidies are high—and increasing—and are largely concentrated among relatively few commodities in a handful of countries. The negative impacts of these subsidies on production and trade are widely known, but their environmental impacts are less well understood.
In a recent review of the literature on agricultural subsidies, the Institute for International Trade identified key areas where further analysis is needed to strengthen the evidence base for subsidy reform. The study confirmed that many subsidies rely on environmentally harmful policy instruments, with few constraints on these expenditures.
The International Food Policy Research Institute (IFPRI) has analyzed the impacts of removing agricultural support on various indicators measuring food security, nutrition, and climate outcomes, finding that removing support may have important adverse trade-offs.
This seminar will discuss the harmful environmental impacts of agricultural subsidies and how repurposing them could lead to policies that work better for people and the planet.