‘Government should include MSMEs in its climate change agenda’
by Rizal Raoul Reyes | December 19, 2021 | Published by BusinessMirror | READ THE STORY HERE To help the country’s micro, small and medium enterprises (MSMEs) confront the challenges of climate-change, the government must develop a bigger perspective of the total picture on the threats posed by unpredictable climate patterns. Renato Redentor Constantino, executive director of the Institute for Climate and Sustainable Cities (ICSC), said MSMEs would have a hard time getting the assistance and resources of government agencies until they realize that the aspect of climate-change does not only involve disasters or the environment. “Slow onset effects, [...]
Finance ministers of world’s most climate-vulnerable economies establish insurance facility with UN Environment Programme to protect MSMEs
Reposted from the UNEP FI Principles for Sustainable Insurance (PSI) Initiative website. UNEP’s Principles for Sustainable Insurance Initiative to host V20 Sustainable Insurance Facility with initial funding from the German government 19 July 2021—As climate change worsens extreme weather events across the globe, the Vulnerable Twenty Group of Ministers of Finance (V20)—comprising 48 climate-vulnerable economies with a combined population of 1.2 billion people and a 5% share of global emissions—recently reached one of their key climate finance milestones with the establishment of the V20-led Sustainable Insurance Facility (V20-SIF). The V20-SIF was highlighted as one of the V20’s key initiatives in [...]