8
GREEN CREDIT GUARANTEE SCHEMES FOR MSMEs
ENABLING POLICIES AND FRAMEWORKS Financial inclusion has been found to be an integral tool in enabling MSMEs to sustainably adapt to climate change. In developing countries, MSMEs employ a large proportion of the working population and make a significant contribution to GDP. As such, they can play a potentially significant role in strengthening a country’s resilience to climate change.5
5
AFI. 2020.
Shepherd and his sheep in front of the wind turbines, Morocco. (HUMEAU Guy/Alamy Stock Photo)
