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SME Climate Action Booster

SME CAB: The Ride to a Climate-Neutral and -Resilient Future!

What is it about?

The private sector (including SMEs) has a crucial and accelerated share of the implementation of the UNFCCC and its Paris Agreement. The Climate Action Booster (CAB) creates an empowering environment for action-oriented, targeted capacity building for SMEs for increased contributions to the implementation of NDCs, LEDS and NAPs at the national or local levels.

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Objective and approach

Objective

The main objective of the SME CAB is to increase the contribution of SMEs to achieving the medium-term goal of the Paris Agreement of GHGs declining 43% by 2030 as well as making businesses more climate-resilient in light of rapidly increasing climate change impacts.

Strategic approach

  1. Guidelines on capacity building to leverage the understanding of climate policies, regulations and incentive mechanisms

  2. Collaborative capacity building programmes with research institutions and academia

  3. Access to reliable information on climate change trends and impacts to strengthen decision-making and planning capacities

  4. Provision of technical and financial knowledge on climate action

Activities

Knowledge creation

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Design of core modules 

  • Empowering environments for SME climate actions

  • SME climate action adaptation and mitigation measures and practices – analyzing, measuring, and benefitting

  • Accessing climate finance

  • SME understanding of carbon pricing instruments

Partnerships

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Coalition and consortia building

  • Platforms and other engagement means supporting the empowerment of SMEs for climate action

  • Regional champion countries for engaging SMEs - showcasing increasing engagement in climate actions

  • Coalitions and consortia for increased SME climate action in the economic sectors

Expected Outputs

Knowledge creation products

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  • Reviews and analyses of climate policies, initiatives and incentive mechanisms

  • Sharing of sound data collection steps and processes for SME strategic planning and risk management

  • Knowledge sharing about national and international climate finance landscapes

  • Support programmes, initiatives and incentives

  • Training curricula and capacity building modules

Partnerships, consortia and coalition building

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  • Engagements of trade and industry associations, umbrella organisations, international and multi- or bilateral organisations

  • Collaboration with national ministries and agencies, local governments and non-state actors

  • Selection and promotion of champion countries, organizations and groups of actors

  • Facilitation of building and supporting coalitions and consortia

  • Organisation of sessions and events dedicated to SME climate action at existing or new forums

More information coming soon

stay tuned

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