Seminars

Arnaud Dragicevic (Chulalongkorn University)

Thursday, May 23rd 2024

Arnaud Dragicevic (Chulalongkorn University)  will present "Towards Sustainable Agriculture: Implementing a Market for Payments for Environmental Services in Agri-Food Systems”, joint with Serge Garcia (BETA) and Jean-Christophe Pereau (BSE).

 

Abstract:

This study evaluates the impact of a Payments for Environmental Services (PES) market on the sustainability of an agri-food supply chain. It employs a variational inequality approach within a multi-criteria decision-making framework. The theoretical findings are validated through numerical simulations using a neural network-based machine learning algorithm. They conclusively demonstrate the potential to not only achieve but also surpass objectives related to carbon and biodiversity neutrality targets. This study highlights the effectiveness of combining market valorisation of environmental services with government subsidies for ecological transition as a powerful strategy to significantly reduce the global ecological footprint. It shows that actors within the supply chain are inclined to intensify their offsets towards achieving environmental neutrality if they are initially compensated for their efforts to mitigate their environmental impacts.

Modification date: 21 May 2024 | Publication date: 21 May 2024 | By: Régis Grateau