World Food Policy WFP Volume 4, No. 2, Spring 2018 | Page 18

World Food Policy Three scenarios were analyzed using the IMPACT system of mod- els. These are 2030 Shared Socioeco- nomic Policy 2 (SSP2) from IPCC, but with no climate change where pop- ulation and income trends are from SSP2. The baseline scenario includes “business-as-usual” projections of ag- ricultural investments and productivi- ty growth, and climate held constant at 2005 levels. Another scenario is SSP2 with climate change that has the same assumptions as the first scenario, but climate follows the relatively “severe” model representation of Hadley Gen- eral Circulation Model (HGEM) of the warmest future climate scenario, RCP 8.5. Finally, the third scenario is 2030 with climate change and compre- hensive investment portfolio at US$55 billion per year above baseline. This scenario uses the climate change sce- nario as a reference point and overlays scenario that combines additional in- vestments (starting in 2015) targeted at ameliorating major constraints in the global food system. The comprehensive scenario includes increased CGIAR in- vestments in agricultural research and development (R&D) to increase agri- cultural productivity in the developing world; increased investment in expan- sion of irrigation systems along with enhancing water use efficiency and soil management (system efficiency, no-till, integrated soil fertility management, rainwater harvesting); and infrastruc- ture investment in transportation and energy sectors including rail, roads, electricity, to benefit agricultural pro- duction and value chains (post-harvest losses and marketing margins). Results are shown for the world, for develop- ing countries, and for the regions of East Asia and the Pacific (EAP), South Asia (SAS), Africa South of the Sahara (SSA), Middle East and North Africa (MEN), and Latin America and the Ca- ribbean (LAC). Impacts on income, agriculture, and food security to 2030 Income In the reference scenario, global average incomes increase substantially, driven primarily by faster growth in the devel- oping world. However, climate change slows income growth in all regions, the most in developing countries. The larg- est impacts are in SAS and SSA, where incomes in 2030 are 3 percent lower than they would be in the absence of climate change, compared to a reduc- tion of 0.25 percent in developed coun- tries. The comprehensive scenario sees significant increases in income, which helps overall welfare and contributes to reductions in hunger. Relative to the reference in 2030, incomes rise by just over 4 percent in 2030. Yield, production, and area Globally, climate change will compound pressure on agriculture. Although glob- al average yields for the majority of crops are estimated to increase between 2010 and 2030, regardless of climate ef- fects, climate change results in generally slower growth compared to the NoCC scenario. As a result, aggregate yields are reduced under climate change for all commodity groups, although this is 14