AGROLAND: The Agricultural Sciences Journal
Vol 11 No 1 (2024): June

IMPACT OF CLIMATE CHANGE ON FINANCIAL SUSTAINABILITY IN AGRICULTURAL INDUSTRIES

T Adiatma (Departement of Management, Faculty of Economic and Business, Universitas Musamus, Jalan Kamizaun Mopah Lama, Merauke, 99611, Indonesia)
O Irianto (Departement of Accountancy, Faculty of Economic and Business, Universitas Musamus, Jalan Kamizaun Mopah Lama, Merauke, 99611, Indonesia)
D Hyronimus (Departement of Management, Faculty of Economic and Business, Universitas Musamus, Jalan Kamizaun Mopah Lama, Merauke, 99611, Indonesia)
J R Kuntag (Departement of Management, Faculty of Economic and Business, Universitas Musamus, Jalan Kamizaun Mopah Lama, Merauke, 99611, Indonesia)



Article Info

Publish Date
03 Jun 2024

Abstract

Climate change nowadays became the most problematic matter including in agricultural industries. Agriculture area productivity affected national food security and a county’s economic development. As an agricultural county, Indonesia must be ready to adapt and prepare for the worst impact of climate change. This paper aims to explore the impact of climate change on financial sustainability in agricultural industries. This research uses a systematic literature review method related to financial sustainability, climate change impact, and agriculture industries. The result shows that financial sustainability in agricultural industries must be impacted by climate change. The impact of climate change on agriculture industries is associated with reducing profitability, destroying capital, portfolio reallocation, and financial instability. Climate change caused environmental uncertainty that affects agricultural productivity. To reduce the impact of climate change on financial sustainability in agricultural industries, there must be a design of mitigation must be prepared and realized so agricultural industries are more prepared and ready to face climate change impact.

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Journal Info

Abbrev

agroland

Publisher

Subject

Agriculture, Biological Sciences & Forestry

Description

Agroland: The Agricultural Sciences Journal (Agroland: The Agr. Sci. J.) is an Open Journal System published by Tadulako University and Indonesian Society for Major in Agriculture (PISPI), is published twice a year in June and December. This journal provides a multi-disciplinary and international ...