Transboundary Climate Risks (TCR)

Subject – Environment

Context – Transboundary climate risks impact agricultural production in every country: Report

Concept –

Transboundary climate risks are climate risks that cross national borders.
Climate change impacts agricultural production all around the globe. It does not respect national borders.
A recent report has provided a systematic, quantitative assessment of transboundary climate risks (TCR) to trade in six major agricultural commodities — maize, rice, wheat, soya, sugarcane and coffee.
The study showed that every country is exposed to transboundary climate risks.
Countries in Europe and North America are both highly exposed to TCRs through foreign imports. This is particularly problematic for importers that depend on trade for food security or other economic activity.
The Small Island Developing States and small globally integrated countries like Singapore and Sweden are also vulnerable.