CGE Modeling Workshop in Singapore

This training aligns directly with Dr. Peña-Lévano’s research on dairy sustainability, particularly in evaluating the effects of environmental regulations on dairy production. The CGE modeling approach enables researchers to analyze economic trade-offs, simulate policy impacts, and explore the long-term consequences of climate-related interventions. Given the increasing concerns about greenhouse gas emissions in agriculture, such models provide a structured framework for understanding potential shifts in input costs, profitability, and sustainability in the dairy sector.

One of the key takeaways from the workshop was the ability to assess carbon pricing mechanisms and renewable energy incentives. Dr. Peña-Lévano intends to apply these models to evaluate how U.S. dairy farmers could adapt to emerging climate policies while maintaining economic viability. By incorporating region-specific data, he aims to generate actionable insights for policymakers and industry stakeholders.

Reflecting on the workshop, Dr. Peña-Lévano emphasized the importance of continuous learning and international collaboration in addressing complex agricultural challenges.