Abstract for: How Can Mitigation and Adaptive Capacities to Climate Change Be Best Enhanced in Spain? A Human Values Evolutionary Approach

Climate change (CC) mitigation and adaptation are preeminent goals of the European Union (EU) because there is a need to produce and consume in harmony with the global ecosystem that sustains us. To achieve those goals, the EU has set a target of ten percent green house gas emissions reduction in the agricultural sector relative to 2005 levels by 2020. The development of optimal strategies to meet that goal is the responsibility of each individual country, which suggests that country-specific research on the topic is needed for policy makers. Spain presents a unique setting for the study of optimal CC strategies because its agricultural sector is diverse and highly threatened by CC. This paper develops a continuous dynamic model in order to elucidate the current and emergent relationships and behaviors between the agricultural sector and its direct natural resources, human capital and social capital. The final aim is to identify efficient CC mitigation and adaptation strategies for the short and long run that consider the relationships between economic, natural and social systems. The model structure is based on the Spanish AgroSAM (social accounting matrix), extended with natural resource, human capital and social capital satellite accounts, and converted into a general disequilibrium model.