Adapting from the ground up: enabling small businesses in Developing Countries to adapt to climate change
Focusing on micro and small enterprises (MSEs) is critical to climate change adaptation because these businesses provide livelihoods for the world's poor, who are particularly vulnerable to climate change, according to a report by the UN Development Programme (UNDP) and the World Resources Institute (WRI). UNDP and WRI launched the report on the sidelines of the Paris Climate Change Conference. Titled ‘Adapting from the Ground Up: Enabling Small Businesses in Developing Countries to Adapt to Climate Change,' the report argues that governments, climate finance providers and large corporations should encourage micro and small businesses in developing countries to invest in adaptation and support efforts to build resilience. The report emphasizes that small businesses are well positioned to build climate resilience because they are embedded in communities and work in vulnerable sectors such as agriculture.