Climate Opportunities

OPPORTUNITIES

Climate-related opportunities

As a result of mitigating and adapting to climate change, there are opportunities that SMEs can tap on such as reducing operating costs by improving resource efficiency, using low emission energy alternatives, and developing new low-emission products and services that may improve the SME’s competitive position in the market.

Resource Efficiency

More cost-effective use of resources and facilities

Energy Source

Use of lower-carbon sources of energy (e.g., wind, solar, hydro, geothermal, nuclear, biofuels)

Products & Services

Development of new products or services that contributes to climate mitigation and/or adaptation

Markets

Access to new markets (wider supply chain increasingly demand low carbon products and services)

Resilience

Resource diversification, use of renewable energy, climate adaptive resiliency

Markets

Access to new markets (wider supply chain increasingly demand low carbon products and services)

Resilience

Resource diversification, use of renewable energy, climate adaptive resiliency

Food for thought for SMES

Is your business planning on making the switch to renewable energy?
What is your business doing to eliminate single-use plastic?
Are you taking climate action to enhance the reputation of your brand and to differentiate your business from competitors?

Climate Actions