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)
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