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    <ns1:title language="en">Sustainable agriculture in the digital age</ns1:title>
    <ns1:language>en</ns1:language>
    <ns1:description language="en">Sustainable agriculture acts as a crucial pillar of global development, supporting
economic stability and resource conservation. Advances in data collection,
remote sensing, and machine learning enabled policymakers to make more
informed and timely decisions in sustainable farming systems. Furthermore, data
driven approach has opened new opportunities for forecasting agriculture
outcomes, and ultimately, for transforming agriculture insurance practices. By
leveraging Big Data and advanced analytics, insurers can now more precisely
estimate risk, reduce uncertainty, and form instruments tailored to farmers’ needs
in changing climate.
The chapter aims to examine how digital innovations in agriculture, particularly
a machine learning-based insurance model, can deliver effective insurance
solutions and enhance climate resilience in developing countries like Serbia.
Furthermore, it explores the contribution of agriculture to sustainable
development by examining key global trends and underlining agriculture’s
vulnerability to climate change, particularly in developing countries like Serbia,
where rising temperatures threaten GDP and productivity. It also highlights the
increasing role of digitalization in modernizing agricultural practices and
improving food security. Against this backdrop, the study presents a novel
machine learning-based model for calculating agricultural insurance premiums
using historical climate and agricultural data. The model integrates climate
variability indicators and actuarial principles to calculate expected losses more
accurately. Serving as a data-driven decision support tool, it aims to enhance risk
assessment and promote sustainable, resilient insurance solutions in Serbia’s
agricultural sector.</ns1:description>
    <ns1:keyword language="en">Key words: sustainable agriculture, digital age, insurance</ns1:keyword>
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      <ns2:identifier>170342153</ns2:identifier>
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      <ns2:identifier>978-86-403-1879-2</ns2:identifier>
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    <ns1:upload_date>2025-06-10T13:01:27.352Z</ns1:upload_date>
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    <ns2:peer_reviewed>no</ns2:peer_reviewed>
    <ns1:contribute seq="0">
      <ns1:role>46</ns1:role>
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        <ns3:firstname>Katica</ns3:firstname>
        <ns3:lastname>Radosavljević</ns3:lastname>
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        <ns3:orcid>0000-0002-5609-8399</ns3:orcid>
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        <ns3:firstname>Kristina</ns3:firstname>
        <ns3:lastname>Bradić</ns3:lastname>
        <ns3:institution>Univerzitet u Beogradu Ekonomski fakultet</ns3:institution>
        <ns3:conor>118874121</ns3:conor>
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        <ns3:firstname>Danilo</ns3:firstname>
        <ns3:lastname>Đurđić</ns3:lastname>
        <ns3:institution>Univerzitet u Beogradu Ekonomski fakultet</ns3:institution>
        <ns3:conor>108910601</ns3:conor>
        <ns3:orcid>0009-0001-3438-8846</ns3:orcid>
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      <ns1:date>2025</ns1:date>
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  <ns12:digitalbook>
    <ns12:name_magazine language="sr">Innovations in insurance : from traditional to modern market</ns12:name_magazine>
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    <ns12:to_page>92</ns12:to_page>
    <ns12:publisherlocation>Belgrade</ns12:publisherlocation>
    <ns12:publisher>University of Belgrade, Faculty of economics and business, Publishing centre</ns12:publisher>
    <ns12:releaseyear>2025</ns12:releaseyear>
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