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OECD Policy Responses to Coronavirus (COVID-19)

This series compiles data, analysis and recommendations on a range of topics to address the health, economic and societal crisis, facilitate co-ordination, and contribute to the necessary global action when confronting this enormous collective challenge. Bringing together policy responses spanning a large range of topics, from health to education and taxes, it provides guidance on the short-term measures in affected sectors and a specific focus on the vulnerable sectors of society and the economy. The content also aims to provide analysis on the longer-term consequences and impacts, steering the way towards a strong, resilient, green and inclusive recovery with co-ordinated policy responses across countries.

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The impact of COVID-19 on agricultural markets and GHG emissions

The COVID-19 pandemic is expected to affect agricultural markets over the next decade. OECD analysis highlights how slower economic growth could affect food security, farm livelihoods, greenhouse gas emissions, and trade. The size of these impacts depends, among other things, on the severity of the drop in global GDP. Based on two scenarios for economic growth recovery, this brief describes how the economic shock from the pandemic could reverberate through the agriculture sector over the next decade.The COVID-19 pandemic is expected to affect agricultural markets over the next decade. OECD analysis highlights how slower economic growth could affect food security, farm livelihoods, greenhouse gas emissions, and trade. The size of these impacts depends, among other things, on the severity of the drop in global GDP. Based on two scenarios for economic growth recovery, this brief describes how the economic shock from the pandemic could reverberate through the agriculture sector over the next decade.

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