Core CarbonX is proud to announce our latest project: “Review impact of climate change on the financial sector of Nepal focusing on Medium and Small-Scale Enterprises (MSMEs)”. This critical initiative aims to analyze the vulnerabilities of MSMEs to climate change, evaluate economic consequences, and develop policy recommendations for enhanced access to climate-resilient financial instruments.
Nepal’s economy, heavily reliant on climate-sensitive sectors like agriculture and tourism, faces significant challenges from climate change. MSMEs, which form the backbone of the economy, are particularly vulnerable. This project seeks to bridge the gap between climate risks and financial resilience for these vital enterprises.
Our Approach
Our comprehensive approach includes:
- In-depth vulnerability analysis of MSMEs in the financial sector
- Economic impact assessment of climate change on MSMEs
- Identification of climate-related risks affecting MSMEs’ financial stability
- Examination of climate change effects on MSMEs’ access to financial services
- Investigation of suitable financial instruments for climate risk management
We will engage with stakeholders at national and provincial levels, conduct workshops in Kathmandu and climate-vulnerable provinces, and develop case studies to inform our recommendations.
Project Benefits
This project will deliver significant impacts:
- Enhanced understanding of climate vulnerabilities in Nepal’s MSME sector
- Improved policy framework for climate-resilient financial services
- Increased awareness and capacity of MSMEs to address climate challenges
- Tailored financial instruments to support MSME adaptation and sustainability
- Strengthened collaboration between national, provincial, and local governments in supporting MSMEs
Our recommendations will cover key areas including energy efficiency, sustainable supply chains, waste management, and climate-resilient infrastructure, providing a roadmap for a more resilient MSME sector in Nepal.
Join Us in Building a Climate-Resilient Future
Are you an MSME owner, financial sector professional, or policymaker interested in climate resilience? We want to hear from you! Your insights and experiences are crucial to developing effective strategies for Nepal’s sustainable economic future.
Contact us today to learn more about how you can contribute to this important project or to discuss how our findings can benefit your organization.
Together, we can build a more resilient and sustainable financial sector for Nepal’s MSMEs.
