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.
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As industrialisation, digital infrastructure and climate pressures reshape demand, companies are being pushed to look beyond how much water they consume and ask whether the wider systems they depend on can sustain long-term growth.
Investors need a clearer way to measure and value resilience as Asia faces rising climate risks, according to Singapore's financial regulator, with the absence of a common metric making adaptation harder to finance at scale.