IDEAS home Printed from https://ideas.repec.org/a/oup/wbrobs/v41y2026i1p157-189..html

Firm-Level Adaptation to Climate Change in Low- and Middle-Income Countries

Author

Listed:
  • Ana Goicoechea
  • Megan Lang

Abstract

The effects of climate change are disproportionately concentrated in low- and middle-income countries (LMICs). Firms have incentives to adapt to climate change, but market frictions common in developing country contexts may hinder firm adaptation efforts. This paper reviews microeconomic, empirical evidence on the impacts of climate change on firms in LMICs and firm-level adaptation strategies. Current evidence highlights challenges and opportunities from climate change and suggests that firms are attempting to adapt but face barriers to full adaptation. Limited geographic coverage and a focus on short-term responses to weather rather than responses to long-term changes in climate highlight the need for further work on firm-level climate adaptation in LMICs.

Suggested Citation

  • Ana Goicoechea & Megan Lang, 2026. "Firm-Level Adaptation to Climate Change in Low- and Middle-Income Countries," The World Bank Research Observer, World Bank, vol. 41(1), pages 157-189.
    • Handle: RePEc:oup:wbrobs:v:41:y:2026:i:1:p:157-189.
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1093/wbro/lkaf001
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to

    for a different version of it.

    More about this item

    Keywords

    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oup:wbrobs:v:41:y:2026:i:1:p:157-189.. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Oxford University Press (email available below). General contact details of provider: https://edirc.repec.org/data/wrldbus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.