The weather and market risks of agricultural production are generally high. As a result of climate change, risks are expected to increase in the future and new risks may arise in both crop and livestock production. Risk management is becoming more and more emphasized. The risk management system must correspond to permanently changing, uncertainly predictable, intensifying impacts. Climate change will also be given greater priority in the European Union’s agricultural policy, 40 per cent of the Common Agricultural Policy (CAP) budget, 30 per cent of EAFRD resources will serve environmental and climate policy objectives in the 2021-2027 period.
In this context, the AKI examines the operation of the pillars of the agricultural risk management system introduced in 2012 and the opportunity for its further development. The main topics of the research area:
- annual evaluation of the agricultural compensation scheme (Pillar I), calculation of the model for the effects of the changes planned in the regulation;
- annual evaluation of the subsidized agricultural insurance (Pillar II) financed by CAP II, impact assessment in case of a modification of insurance conditions;
- a IV. pillar, participation in working out conditions of crisis insurance starting from 2021.