Abstract
Abstract The authors recommend that the G20 target innovative green-technology SMEs as an opportunity to promote financial de-risking while addressing Paris Agreement commitments and UN Sustainable Development Goals. This should be achieved by creating signals for private investors through: (1) a reporting system that can help monitor the scale-up of green-technology SMEs; (2) the use of public funds to signal innovative green-technology SMEs to investors; and (3) the inclusion of SMEs in the design of green finance platforms. By implementing these recommendations, the G20 will ensure that innovative, low-carbon SMEs become attractive, low(er)-risk investment opportunities for the private sector.
Highlights
We recommend that the G20 target innovative green-technology Small and Medium-sized Enterprises (SMEs) as an opportunity to promote financial de-risking while addressing Paris Agreement commitments and UN Sustainable Development Goals
We argue that SMEs, and especially low-carbon technology SMEs, need to be recognized and engaged by G20 countries as key economic actors in the effort toward climate mitigation and sustainable development
Failing to bring them on board, or designing strategies that do not take into account the challenges and barriers they face, would significantly reduce the chances of successfully attaining UN Sustainable Development Goals and the commitments made at the Paris Agreement
Summary
We recommend that the G20 target innovative green-technology SMEs as an opportunity to promote financial de-risking while addressing Paris Agreement commitments and UN Sustainable Development Goals. We argue that SMEs, and especially low-carbon technology SMEs, need to be recognized and engaged by G20 countries as key economic actors in the effort toward climate mitigation and sustainable development.
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
