Assessing the Impacts of Climate Change in the Malaysian Agriculture Sector and its Influences in Investment Decision

This paper focuses on relevant policy strategies to reduce climate related vulnerability for Malaysian rice agriculture. Here an analysis of impacts on climate change and vulnerabilities is performed, based on observational records of inter-annual variability in precipitation and worming climatic factors. The assessment involved Global Circulation Models (GCMs) together with Crop Modeling such as DSSAT to represent a range of plausible climate scenarios. The approach used follows a bottom-up strategy, focusing on the vulnerability of Malaysian rice agriculture under economic conditions and given a wide range of potential climate outcomes. The study investigates the Malaysian rice agriculture sector under a climate and economic perspective, quantifying the merits of the projected simulation and presents an insight into the nature of tradeoff between climate variability and the likelihood of a decline of earnings for rice cultivation over the next 40 years from 2020 to 2060. The projections signify to the likely future changes and uncertainties on rice production; potential path for planning strategies for investment decision to reduce vulnerabilities and to unearth prioritizing requirements for Malaysian future agriculture. The experiences from this study can be used for climate related agriculture policy in Malaysia and elsewhere