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The Common Agricultural Policy and Climate Shocks

This research project aims to analyze the effectiveness of current support policies for farmers and is particularly interested in the role played by the Common Agricultural Policy (CAP) on the adaptability of French farmers in the context of climate change and increased climate variability. The use of fine data, at the climate level as well as at the firm level, will make it possible to answer different questions: (1) how vulnerable are French farmers to climate shocks? (2) how effective is the Common Agricultural Policy for the sustainability of agricultural businesses? (3) what reform seems necessary for the Common Agricultural Policy?