The SME Climate Hub 2023 Survey is a comprehensive report based on a survey of 2,800 SMEs from around the world conducted in late 2022. The report delves into the current state of climate action and sustainable business practices in SMEs. According to the survey findings, SMEs are becoming increasingly concerned about climate change and are taking steps to reduce their environmental impact. However, many SMEs continue to face significant challenges in implementing sustainable practices, such as a lack of access to finance and technical expertise. The report also emphasizes the importance of governments and financial institutions in assisting SMEs in making the transition to more sustainable business practices. Overall, the SME Climate Hub 2023 Survey offers useful insights into the challenges and opportunities that SMEs face as they navigate the transition to a more sustainable future.
We need both new capital to come in, as well as better, more efficient ways to use existing climate capital to deliver climate Outcomes at speed and scale. Climate finance today is not just about new funding, but about adjusting existing investment behavior.
This report establishes a baseline understanding of the state of green entrepreneurship in Kenya by assessing existing business models, the available financial and technical support for entrepreneurs, and key sectoral issues regarding the policy landscape and market opportunity. The purpose of the study is to inform decision-makers, such as policymakers, donors, investors, and business development service providers, of the primary trends, opportunities, and challenges in the green entrepreneurial ecosystem in Kenya.
Climate change and environmental degradation pose a significant threat to Kenya’s economy. To combat these challenges, Kenya has supported a green economic transition through various government policies and initiatives. Green entrepreneurs play an important role in helping the country reach these climate and environmental targets by meeting consumer needs in a sustainable manner. This report examines the ecosystem of support for green entrepreneurs in Kenya. Using data collected via surveys and desk research, this snapshot report uncovers important challenges and opportunities for green entrepreneurship to inform stakeholders of how to better support the development of Kenya’s green economy.