28. Innovation, climate entrepreneurship and small and micro businesses
Capacity Building
This solution area aims to build capacity and equip SMEs with fit-for-purpose guidance and tools to help them to embed climate action in their business practices.
How this solutions relates to the action agenda
Axis: 6. Unleashing Enablers and Accelerators including on Financing, Technology and Capacity-Building
Key Objective: 28. Innovation, climate entrepreneurship and small and micro businesses
Why it matters
SMEs often lack the resources to decarbonise and build resilience to climate impacts and face numerous challenges, including global supply chain disruptions, finance barriers, high cost of capital and limited cash reserves. Tailored and accessible resources, such as carbon calculators and action guides, help small businesses measure their emissions, develop a plan to reduce them, and stay competitive by meeting growing customer and supply chain demands for sustainability.
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