Firms and Climate Change in Low- and Middle-Income Countries
Low- and middle-income countries (LMICs) face a disproportionate burden from climate change, potentially threatening the operations and profitability of firms. Simultaneously, firms in LMICs may contribute to climate change through the emissions associated with production. This paper synthesizes the empirical evidence on the links between climate change and firms in LMICs. It identifies three major gaps: poor geographic coverage, little discussion of how market failures interact with climate change in ways that constrain firm decisions, and an overall greater focus on policies for mitigation than adaptation.
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| Main Authors: | , |
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| Format: | Working Paper biblioteca |
| Language: | English English |
| Published: |
World Bank, Washington, DC
2023-12-20
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| Subjects: | FIRMS AND CLIMATE CHANGE, CLIMATE ADAPTATION, CLIMATE MITIGATION, MARKET FAILURE AND CLIMATE CHANGE, BURDEN OF CLIMATE CHANGE, ADAPTATION VS MITIGATION, |
| Online Access: | http://documents.worldbank.org/curated/en/099520212132322680/IDU0547ba0d4074fe049c10b8d90e70009f655c3 https://openknowledge.worldbank.org/handle/10986/40775 |
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