In the wake of environmental challenges, the adoption of risk management strategies is imperative to achieve sustainable agricultural production and food security among the Pakistani farmers of Punjab. For a deeper insight into farmers' adaptive behavior towards climate change, this study explored the role of land tenancy in the adoption of risk management instruments, such as off-farm diversification, improved varieties, and crop insurance. Off-farm diversification was found to be a preferred instrument among landless tenants. The study also employed a multivariate probit model that further signified the role of land tenure in risk-related decisions. Apart from land tenancy, the results identified the prominence of risk perception, information access, and extension access in adoption decisions. This study also investigated the association between risk management approaches and food security indicators (household hunger scale, food consumption score). Analysis revealed a significant association between risk management tools and food security indicators.
Keywords: Pakistan; Punjab; food security; land ownership; multivariate probit model; risk management.