Building climate resilience is critical for SMEs to remain viable but they often lack resources, know-how and incentives to become resilient.
1 Limited Resources
Small businesses often have many competing interests and limited time, money and staff to dedicate to addressing climate resilience.
2 Lack of Know-how
Even if a small business is committed to building resilience, it is often difficult to know where to start or where to find practical and credible tools – in one place – to support them.
3 Misaligned Incentives
Small businesses want to survive and thrive, but the commercial value of building resilience is not always evident.