Learning from international experience: Improving institutions for climate-resilient MSMEs in Mongolia
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Tumenjargal, Elberel
Batdorj, Khaliunbat
Tseden, Purevdorj
Sarker, Tapan
Hales, Robert
Shah, Dhara
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Abstract
The purpose of the policy brief is to present policy options for formulating and implementing effective policies that enhance the resilience of Small and Medium Enterprises (SMEs) in the context of climate change. Highlighting the distinctive challenges encountered by Mongolian SMEs due to climate-induced disruptions and natural hazards, this policy brief underscores the vital role these enterprises play in the nation’s economic advancement. Through evidence-based recommendations, the policy brief endeavours to steer policymakers in establishing an enabling environment for sustainable and climate-smart growth of SMEs, contributing to a robust and resilient business landscape. Therefore, in this policy brief, we explore the following key questions.
- What is the current state of climate change impacts on SMEs in Mongolia?
- How adequate are current legislative and policy measures related to climate change adaptation in supporting SMEs in Mongolia, and what are the gaps and areas for improvement?
- What are the barriers hindering the development of climate-resilient SMEs in Mongolia?
- What are the international good practices and successful initiatives in other countries supporting climate-resilient SMEs, and how can Mongolia draw upon these experiences?
- How can policy integration enhance climate resilience in SMEs in Mongolia? By addressing these key questions, the policy brief aims to guide the development of a robust and effective policy framework that empowers SMEs in Mongolia that can thrive in the face of climate change while contributing positively to environmental sustainability and economic growth in Mongolia.
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© 2024 Griffith University. All rights reserved.
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Subject
climate change
Mongolia
small and medium enterprises (SMEs)