COP28 & SME Climate Hub for MENA: Supporting decarbonization across supply chains
Context and challenges
Up to 90% of large companies’ emissions are generated by their value chains, often made up of large numbers of SMEs.
SMEs struggle to take climate action, due to lack of access to financing, knowledge, resources, technical capacity and capabilities.
To help mitigate this, the Global SME Climate Hub was established to support SMEs by providing free access to resources and tools, which help them commit to, measure, and take-action during their decarbonization journeys.
The “COP28 & SME Climate Hub for MENA” is one of the Presidency’s flagship initiatives for the private sector. It is an expansion of the Global SME Climate Hub and one of the first global sustainability platforms of its kind for SMEs available in Arabic across MENA.
With the collaboration of WMBC1, Masdar, FAB2 and ADCCI3, the Hub stands as a legacy platform to help bridge the gaps faced by SMEs, thus paving the way to a Net Zero future.
Large corporations can support the Hub by leveraging their communication channels to onboard SMEs.
Commitments from Business & Philanthropy
Target 1000+ SMEs to join the SME Climate Hub, leveraging your company’s communication channels (mailing lists, social media, newsletters etc.)
How to get involved?
- We Mean Business Coalition
- First Abu Dhabi Bank
- Abu Dhabi Chamber of Commerce and Industry
Source: OECD “No Net Zero Without SMEs”, WB “Small and Medium Enterprises Finance”, SME Climate Hub