Private sector engagement in climate change adaptation in least developed countries: an exploration

Pauw, Pieter; Pegels, Anna

doi:10.1080/17565529.2013.826130

Cited by 56 publications

(47 citation statements)

References 5 publications

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“…The literature increasingly seeks to unpack the detailed drivers that motivate economic agents to adapt or prevent them from doing so (Averchenkova et al, 2016;Hertin, Berkhout, Gann, & Barlow, 2003;Agrawala et al, 2011;Galbreath, 2011;Berkhout, 2012;Linnenluecke et al, 2013;Pauw & Pegels, 2013;Pauw, 2015). While the primary motive of firms may be to keep down costs, minimize disruptions or increase sales, the way the relevant decisions are taken is influenced by a range of additional factors.…”

Section: The Adaptation Behavior Of Firmsmentioning

confidence: 99%

How do African SMEs respond to climate risks? Evidence from Kenya and Senegal

et al. 2018

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a b s t r a c tThis paper investigates to what extent and how micro, small and medium-sized enterprises (SMEs) in developing countries are adapting to climate risks. We use a questionnaire survey to collect data from 325 SMEs in the semi-arid regions of Kenya and Senegal and analyze this information to estimate the quality of current adaptation measures, distinguishing between sustainable and unsustainable adaptation. We then study the link between these current adaptation practices and adaptation planning for future climate change. We find that financial barriers are a key reason why firms resort to unsustainable adaptation, while general business support, access to information technology and adaptation assistance encourages sustainable adaptation responses. Engaging in adaptation today also increases the likelihood that a firm is preparing for future climate change. The finding lends support to the strategy of many development agencies who use adaptation to current climate variability as a way of building resilience to future climate change. There is a clear role for public policy in facilitating good adaptation. The ability of firms to respond to climate risks depends in no small measure on factors such as business environment that can be shaped through policy intervention.

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Section: The Adaptation Behavior Of Firmsmentioning

confidence: 99%

How do African SMEs respond to climate risks? Evidence from Kenya and Senegal

et al. 2018

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“…Given the overlap between these groups, only a third of the 85 case studies take place in the most vulnerable developing countries. This might reflect the difficult business environment and low preparedness for private sector adaptation in these countries (Pauw and Pegels 2013), or a lower awareness of the PSI among companies in developing countries. Also, the NWP's objective is to assist developing countries in particular, including the LDCs and SIDS (UNFCCC 2007b) -which is different from 'prioritizing' LDCs, SIDS and Africa.…”

Section: Recipients Of Investmentsmentioning

confidence: 99%

“…This paper therefore analyses the 101 case study submissions to the Private Sector Initiative (PSI) of the UNFCCC Nairobi work programme on impacts, vulnerability and adaptation to climate change (NWP). This is currently the only large database of private sector engagement in adaptation, and is, consequently, often referred to in research (e.g., PwC 2010; Kato et al 2014;Pauw and Pegels 2013;Surminski 2013). The case studies represent private adaptation interventions all over the world and in all sectors (e.g., water, food and agriculture; transport and infrastructure; tourism).…”

Section: Introductionmentioning

confidence: 99%

Private finance for adaptation: do private realities meet public ambitions?

et al. 2015

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The private sector's role in climate finance is increasingly subject to political and scientific debate. Yet there is poor empirical evidence of private engagement in adaptation and its potential contribution to the industrialised countries' mobilisation of USD 100 billion of annual climate finance from 2020 onwards to support developing countries to address climate change. This paper analysed 101 case studies of private sector adaptation under the Private Sector Initiative (PSI) of the UNFCCC Nairobi work programme, and examined these against ten 'adaptation finance criteria' that were distilled from UN climate negotiation outcomes. Results show that private adaptation interventions complement public adaptation activities. Yet the ten adaptation finance criteria are not met, which demonstrates that the diplomatic UNFCCC conceptualisation of financing adaptation is dissonant from the private sector reality. For example, while the case studies' investments are 'new and additional' to Official Development Assistance (ODA), their 'predictability' remains unclear. And despite some commitment for 'up-scaling', plans and associated costs for doing so remain undisclosed. Developed countries' role in 'mobilising' private financial resources under the PSI seems limited. It is unrealistic to expect that the UNFCCC alters existing criteria to suit private initiatives, or that the private sector aligns its initiatives to meet existing criteria. This paper advocates monitoring and reporting only of those private investments that principally finance adaptation. This practical way forward would allow private finance to meet criteria such as Climatic Change (2016) 134:489-503

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“…Although worldwide climate-related investments were estimated at 364 billion in 2011, 21% of which was from corporate actors, most of it was spent on mitigation measures [29]. Pauw and Pegels [30] found that businesses were engaged in almost half of the National Adaptation Programmes (to climate change) in developing countries. Activities did include measures to make the landscape more climate-proof, but these measures entailed technical innovations, whereas the potential of the landscape to contribute to climate adaptation, for example by adapting the water system, was neglected.…”

Section: Examples From the Scientific Literaturementioning

confidence: 99%

“…The engagement of companies in landscape governance could, however, be inhibited by the belief that the landscape and its natural benefits are a common good and therefore the responsibility of the government, rather than of business [30]. However, such engagement by companies with landscape governance has not been the subject of scientific research thus far.…”

Section: Perspectivesmentioning

confidence: 99%

How Could Companies Engage in Sustainable Landscape Management? An Exploratory Perspective

Opdam

Steingröver

2018

Sustainability

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Current concepts that aim to align economic development with sustainability, such as the circular and green economy, often consider natural systems as externalities. We extend the green economy concept by including the landscape as the provider of social, economic and environmental values. Our aim is to explore how companies could engage in creating landscape-inclusive solutions for sustainable landscapes. We propose a conceptual model of the relationship between companies and landscape services based on a demand for landscape benefits by companies, implications for wider society. We present a short overview of how scientists addressed the role of companies in landscape-inclusive solutions. We also give some examples taken from the World Wide Web to illustrate the variety of ways in which companies already invest in landscape services. Our findings suggest that the relationship between companies and landscapes is not yet strongly recognized in sustainability science. However, examples from practice show that some companies do recognize the added values of landscape services, to the extent that they invest in landscape management. We conclude that future research should provide information on the added value of landscape-inclusive solutions to companies, and increase their capacity to engage in regional social-ecological networks.

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Private sector engagement in climate change adaptation in least developed countries: an exploration

Cited by 56 publications

References 5 publications

How do African SMEs respond to climate risks? Evidence from Kenya and Senegal

How do African SMEs respond to climate risks? Evidence from Kenya and Senegal

Private finance for adaptation: do private realities meet public ambitions?

How Could Companies Engage in Sustainable Landscape Management? An Exploratory Perspective

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