A new approach for cost-benefit analysis of innovations to enhance smallholder farmers' resilience

Enhancing smallholder farmers’ resilience has become an important objective for innovations in agricultural development. Cost-benefit analyses (CBA) of such innovations are essential in guiding future investments in agricultural development, but existing CBA methods often face challenges embedding n...

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Detalles Bibliográficos
Autores principales: Kramer, Berber, Timu, Anne G
Formato: Artículo preliminar
Lenguaje:Inglés
Publicado: Accelerating Impacts of CGIAR Climate Research for Africa 2022
Materias:
Acceso en línea:https://hdl.handle.net/10568/127024
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author Kramer, Berber
Timu, Anne G
author_browse Kramer, Berber
Timu, Anne G
author_facet Kramer, Berber
Timu, Anne G
author_sort Kramer, Berber
collection Repository of Agricultural Research Outputs (CGSpace)
description Enhancing smallholder farmers’ resilience has become an important objective for innovations in agricultural development. Cost-benefit analyses (CBA) of such innovations are essential in guiding future investments in agricultural development, but existing CBA methods often face challenges embedding non-monetary outcomes related to resilience. Resilience-enhancing innovations typically not only increase average incomes, but may also affect the variance of that income, and related welfare benefits depend on a beneficiary’s risk preferences. In addition, CBAs are typically unable to quantify costs and benefits in terms of gender-related outcomes such as women’s empowerment, or time use for women and men. This paper introduces a new approach to quantify costs and benefits related to such outcomes and demonstrates the approach using a case study of climate information services in Ghana. We argue that this is a more comprehensive method for impact assessment of innovations to enhance smallholder farmers’ resilience, enabling evidence-based investment prioritization.
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publishDate 2022
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spelling CGSpace1270242025-11-11T17:10:02Z A new approach for cost-benefit analysis of innovations to enhance smallholder farmers' resilience Kramer, Berber Timu, Anne G climate agriculture climate-smart agriculture smallholders farmers Enhancing smallholder farmers’ resilience has become an important objective for innovations in agricultural development. Cost-benefit analyses (CBA) of such innovations are essential in guiding future investments in agricultural development, but existing CBA methods often face challenges embedding non-monetary outcomes related to resilience. Resilience-enhancing innovations typically not only increase average incomes, but may also affect the variance of that income, and related welfare benefits depend on a beneficiary’s risk preferences. In addition, CBAs are typically unable to quantify costs and benefits in terms of gender-related outcomes such as women’s empowerment, or time use for women and men. This paper introduces a new approach to quantify costs and benefits related to such outcomes and demonstrates the approach using a case study of climate information services in Ghana. We argue that this is a more comprehensive method for impact assessment of innovations to enhance smallholder farmers’ resilience, enabling evidence-based investment prioritization. 2022-12 2023-01-13T01:47:54Z 2023-01-13T01:47:54Z Working Paper https://hdl.handle.net/10568/127024 en Open Access application/pdf Accelerating Impacts of CGIAR Climate Research for Africa Kramer B, Timu Anne. 2022. A new approach for cost-benefit analysis of innovations to enhance smallholder farmers' resilience. AICCRA Working Paper No.6. Accelerating Impacts of CGIAR Climate Research for Africa (AICCRA).
spellingShingle climate
agriculture
climate-smart agriculture
smallholders
farmers
Kramer, Berber
Timu, Anne G
A new approach for cost-benefit analysis of innovations to enhance smallholder farmers' resilience
title A new approach for cost-benefit analysis of innovations to enhance smallholder farmers' resilience
title_full A new approach for cost-benefit analysis of innovations to enhance smallholder farmers' resilience
title_fullStr A new approach for cost-benefit analysis of innovations to enhance smallholder farmers' resilience
title_full_unstemmed A new approach for cost-benefit analysis of innovations to enhance smallholder farmers' resilience
title_short A new approach for cost-benefit analysis of innovations to enhance smallholder farmers' resilience
title_sort new approach for cost benefit analysis of innovations to enhance smallholder farmers resilience
topic climate
agriculture
climate-smart agriculture
smallholders
farmers
url https://hdl.handle.net/10568/127024
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