Action to protect our environment is an investment in our future. To make the transition to net zero, SMEs need to be able to finance green investments. How do we map out our collective journey to meet our climate objectives?
Rents and repayments alone are not the only expense attached to our buildings. Many are leaking energy, leaving a hole in our pockets as well as climate ambitions. And it’s high time to fix them.
Mining regions face acute challenges in terms of well-being. National plans and policies alone will not bring well-being gains to mining communities.
Local leaders will need to mobilise their communities to tackle the very different challenges they will face and seize new opportunities in making the transition to net zero, as set out in the 2021 OECD Regional Outlook. In doing so, they can bring together solutions to generate important local well-being benefits.
Greening can clearly save costs: improving energy efficiency in SMEs can Iead to cost savings by reducing their energy demand by 10- 30%. Beyond such cost benefits, improved energy efficiency can strengthen small-business resilience by reducing exposure to energy-price volatility and uncertainty, and improve product quality and safety.
On the eve of COP26, attention is firmly focused on the climate challenge and the need for action by governments, big business, and households. Yet there will be no transition to net zero without small and medium sized enterprises (SMEs).