SMEs form the backbone of Asia’s supply chains and labour force across Asia’s emerging markets, yet many struggle to access the finance and insurance needed to withstand climate shocks. Eco-Business speaks to UNDP’s Tom Beloe in Hong Kong, who explains what it will take to reach them.
Exclusive
Chinese shipyards dominate orders for greener vessels, while ports and fuel producers are building the infrastructure to serve them. Yet uncertainty over global regulation and the availability and cost of low-carbon fuels could leave early movers carrying much of the risk.
In tropical cities, urban heat islands (UHIs) exacerbate an already challenging hot-humid heat burden for residents. UHIs are formed by urban artificial surfaces like concrete and asphalt that retain heat by day and slowly release it at night, never giving cities a chance to cool.