Managing risks linked to climate change in the wine sector: A review of the literature
The purpose of this short paper is to present an update of the economic literature on risk management in the wine sector applied to climate change. In particular, it identifies the main characteristics of risks in the general framework of risk management and the limits of insurance as a risk management tool. It presents a review of the current literature on climate risk management and on market and price risks, as well as on the perception of risk by producers which is a major obstacle to the development of coverage tools for these risks.