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Lessons on engaging with the private sector to strengthen climate resilience in Guatemala, the Philippines and Senegal

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  • Juan Casado Asensio
  • Takayoshi Kato
  • Heiwon Shin

Abstract

For many private sector actors, especially micro, small and medium-sized enterprises (MSMEs), it remains challenging to understand how the impacts of climate change may influence their business profitability and continuity over time, and how they can manage climate risks. This working paper explores how governments and development co-operation providers can further engage with the private sector to address these challenges and strengthen its resilience to the negative impacts of climate change. The paper focuses on different roles of the private sector in strengthening climate resilience. It then examines how governments and development co-operation can foster such roles through enhancing domestic institutions and networks, policy frameworks, climate and weather data and information, and financing mechanisms. The proposed actions draw from the experiences of three case studies: Guatemala, the Philippines and Senegal.

Suggested Citation

  • Juan Casado Asensio & Takayoshi Kato & Heiwon Shin, 2021. "Lessons on engaging with the private sector to strengthen climate resilience in Guatemala, the Philippines and Senegal," OECD Development Co-operation Working Papers 96, OECD Publishing.
    • Handle: RePEc:oec:dcdaaa:96-en
    DOI: 10.1787/09b46b3f-en
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    More about this item

    JEL classification:

    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy

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