New Findings in Sustainability Research Described from University of Nicosia (A Sustainable Risk Management Model and Instruments for Young Farmers in EU Agriculture): Sustainability Research

2024 JAN 15 (NewsRx) -- By a News Reporter-Staff News Editor at Insurance Daily News -- Current study results on sustainability research have been published. According to news reporting out of Nicosia, Cyprus, by NewsRx editors, research stated, “Young farmers are ready to embrace innovation, smart agriculture, and science-based research to ensure that their work has long-term viability, profitability, and productivity.”

The news reporters obtained a quote from the research from University of Nicosia: “To prevent the farming population from aging and to ensure farming success, financial support must be provided through instruments that are specifically aimed at young farmers. It is necessary that youth have access to agricultural land policy throughout the EU for the agricultural sector to remain sustainable. In the European Union, young farmers manage farms that are in the lowest-size group. The limited financial possibilities available to young people in the EU exacerbate this. The relationships between risk management instruments and other interventions (such as direct payment and ex-post instruments) and the integration of these tools into national and EU policy frameworks must be thoroughly examined in future policy.”

According to the news editors, the research concluded: “Evaluating the possible repercussions of risk management being widely implemented as well as measuring the anticipated variations in farm revenue and the volatility of agricultural commodity prices are equally crucial. Therefore, the present article utilized extant data to conduct a comparative analysis and ultimately present a set of multidisciplinary and quantitative indicators of supportive measures for young farmers in the EU, while also identifying the requisite areas for improvement.”

For more information on this research see: A Sustainable Risk Management Model and Instruments for Young Farmers in EU Agriculture. Sustainability, 2023,16(1). (Sustainability - http://www.mdpi.com/journal/sustainability). The publisher for Sustainability is MDPI AG.

A free version of this journal article is available at https://doi.org/10.3390/su16010283.

Our news journalists report that more information may be obtained by contacting Aleksandra Figurek, GNOSIS Mediterranean Institute for Management Science, School of Business, University of Nicosia, 2417 Nicosia, Cyprus. Additional authors for this research include Katerina Morphi, Alkis Thrassou.

(Our reports deliver fact-based news of research and discoveries from around the world.)