**AWARDS ISSUED PRIOR TO JANUARY 20, 2025, WERE FUNDED UNDER PREVIOUS ADMINISTRATIONS AND MAY NOT REFLECT THE PRIORITIES AND POLICIES OF THE CURRENT ADMINISTRATION.** AGRICULTURE IS THE MOST VULNERABLE SECTOR TO CLIMATE CHANGE. THE SENSITIVITY TO CLIMATE CHANGE AND THE ABILITY TO ADAPT TO CLIMATE CHANGE ARE A FUNCTION OF FARM-LEVEL TECHNOLOGICAL AND MANAGERIAL CAPACITY AND EXISTING INSTITUTIONS AND PROGRAMS TO SUPPORT THE FARMS. THE IRRIGATED AGRICULTURAL SECTOR IN CALIFORNIA HAS BEEN FACING SEVERE CONSEQUENCES OF CLIMATE-CHANGE-INDUCED WATER SCARCITY, WHICH IS EXPECTED TO WORSEN WITH TIME. AS SUCH, OUR PROPOSED STUDY WOULD BE OF HIGH VALUE TO BOTH CALIFORNIA AND OTHER IRRIGATED AGRICULTURAL ECONOMIES IN SEMI-ARID REGIONS. BY USING A STATISTICAL APPROACH THAT ESTIMATES THE VALUE OF LAND AS A FUNCTION OF LCLIMATE VARIABLES AND OTHER VARIABLES THAT MEASURE FARMER'S INTERVENTIONS DIRECLY ON THEIR FARMS AND INDIRECTLY VIA POLITICAL ACTIONS AIMED TO GET HELP FROM THE STATE AND THE FEDERAL GOVERNMENT WE WILL BE ABLE TO ASSESS THE IMPORTANCE OF VARIOUS POLICY INTERVENTIONS. THE SIGNIFICANCE OF THEPROJECT IS DUE TO IDENTIFYING AND QUANTIFYING THE MAGNITUDE OF IMPACTS ACROSS THE STATE AND THE VALUE OF VARIOUS ADAPTATION STRATEGIES/POLICIES (ON-FARM, PUBLIC AND POLITICAL) IN REDUCING THE IMPACT OF CLIMATE CHANGE. THIS WILL HELP POLICYMAKERS PRIORITIZE POSSIBLE INTERVENTIONS. IN ADDITION, BECAUSE OUR MODEL DISTINGUISHES BETWEEN THE VARIOUS REGIONS (COUNTIES) AFFECTED BY CLIMATE CHANGE, POLICY DESIGN COULD BECOME MORE SPECIFIC (QUILT POLICY) RATHER THAN HAVING AN OVERALL (BLANKET) INTERVENTION.