Further Reading

  • BMZ (2012)Climate Adaptation and the Private Sector. Prepared by GIZ for BMZ.
  • GIZ India (2012)Facing the Impacts of Climate Change: Indian MSMEs and Adaptation. Prepared by adelphi for GIZ.
  • GIZ India (2012)The Advantages of Adaptation: Big Opportunities for Small Business– Climate Change Adaptation Innovation: Opportunities for Indian Micro-Small & Medium Sized Business (MSMEs).  Prepared by E&Y India for GIZ.
  • PWC (2013): Stimulating private sector engagement and investment in building disaster resilience and climate change adaptation – Recommendations for public finance support – FINAL REPORT.

 


Tools and Training Material

Tools

  • Climate Expert: E-tool. [The tool guides SMEs in developing a climate change adaptation strategy for their business, including Cost-Benefit-Tool.]
  • Business Adapt Value Chain Climate Resilience – A guide to managing climate impacts in companies and communities, OXFAM America

Training Material

  • GIZ (2013): Trainer’s Manual – Facing the Impacts of Climate Change: Indian SMEs and Adaptation. [Trainers’ manual for the training programme on climate change adaptation of Indian SMEs – developed by adelphi on behalf of GIZ.]
  • GIZ (2013): Consultant’s Manual Developing a Climate Change Adaptation Strategy for Companies. [Manual for consultants instructing on how to develop and adaptation strategy with SME clients – developed by adelphi on behalf of GIZ.]
  • GIZ (2013): Facing the Impacts of Climate Change: Indian SMEs and Adaptation Training Programme. [Powerpoint slides for the training programme on climate change adaptation of Indian SMEs – developed by adelphi on behalf of GIZ.]

 

Examples from Application

Companies will first focus on adaptation within their direct sphere of influence. These can include measures to improve company buildings and infrastructure, the production process, the situation of employees or the storage of supplies and produced goods. Collaboration on adaptation with external stakeholders, such as suppliers, buyers, governmental authorities or the financing community is more challenging.

Which adaptation measures a company chooses depends on the climate change impacts and risks it faces. These are dependent on the company’s location, sector, technology level, and adaptive capacity. Deciding factors include investment costs for measures, the type of risk covered, and the comprehensiveness of the measure and whether there are (positive or negative) side effects to be expected – thus, ultimately, the cost and benefit of measures.

Examples for adaptation measures to minimize risks:

  • Installation of power backup for uninterrupted power supply in the case of interruption due to storms
  • Usage of water saving technologies in order to cope with water shortages
  • Installation of weather proofed storage spaces for protecting valuables against extreme weather events
  • Provide housing for employees on the company premises to ensure that they can reach the company even during heavy rains or extreme heat
  • Diversify suppliers to reduce price hikes and transport interruptions during extreme weather
  • Assess whether and how to invest in solar panels for independent energy generation

Examples for exploiting business opportunities

  • An Indian company has developed a drip irrigation system which adapts to growing uncertainty around water availability by reducing the water requirement.
  • In order to cope with high temperatures a chemical company developed a new color which minimizes the thermal effects of sunlight absorption on walls by reflecting thermal radiation.
  • A business in Bangladesh is working on climate proof shipping. It builds fiberglass fishing boats which are more stable in turbulent weather conditions and significantly more resilient in flood conditions.
  • A Canadian SME developed solar photovoltaic and wind powered portable and fixed structure greenhouses. These eco-friendly and self-sufficient greenhouses are capable of growing organic crops in a range of climatic conditions.
  • A German SME develops and offers mobile walls and other constructions to deliver flood protection.
  • Several businesses worldwide provide critical micro-climate, weather information to farmers via text messaging.
  • An American company developed near shore wave energy converters that reduce coastal erosion in island states and tropical regions, while simultaneously converting absorbed wave energy in distributed clean power generation for desalinization and electric power.