SMEs to invest in INNOVATION and GREENING

In the last three years, small and medium-sized enterprises (SMEs) and entrepreneurs have been bounced from crisis to crisis. They had barely begun a fragile recovery from the COVID-19 pandemic in 2021 when Russia’s war in Ukraine sent a new shockwave rippling around the globe. High inflation, skyrocketing energy prices, rising interest rates and supply chain disruptions are now falling hard on SMEs, setting them up for a challenging year.
To meet their latest set of challenges, SMEs need to accelerate investment, not delay it. Working together, governments, financial institutions and businesses can overcome the short-term obstacles and keep finance flowing to ensure a more sustainable and more resilient tomorrow.
(photo from the web)

More: https://oecdcogito.blog/2023/03/15/delay-now-pay-later-why-smes-must-not-put-off-investing-in-innovation-and-greening/

Related Post

thumbnail
hover

SME climate finance stocktake: Turning ambition...

Small and medium-sized enterprises are vital to global climate action, yet access to green finance remains a major barrier to scaling their ...

thumbnail
hover

Sustainability Meets Growth: A Roadmap for...

Small and medium-sized enterprises (SMEs) represent 90% of businesses globally and account for 40%-60% of business-sector greenhouse gas (GH...

thumbnail
hover

Scaling Up Support for SME Sustainability:...

Small and medium-sized enterprises (SMEs) are central to the green transition. As innovators, they create new sustainable technologies and s...

CLOSE
CLOSE