Climate Change and the Sustainability of Small Businesses in Africa

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Author(s): Thabiso Sthembiso Msomi (Durban University of Technology, South Africa)and Odunayo Magret Olarewaju (Durban University of Technology, South Africa)
Copyright: 2021
Pages: 15
Source title: Handbook of Research on Climate Change and the Sustainable Financial Sector
Source Author(s)/Editor(s): Odunayo Magret Olarewaju (Durban University of Technology, South Africa)and Idris Olayiwola Ganiyu (York St John University, United Kingdom)
DOI: 10.4018/978-1-7998-7967-1.ch015

Keywords: Accounting and Finance / Business Science Reference / Environment & Agriculture / Sustainable Development

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Abstract

This chapter examined the role of climate change in the sustainability of small businesses in Africa, as climate change is a serious challenge. Severe weather events have the ability to interrupt supply chains, making it more difficult for companies to access materials and resources. Climate change is rapidly becoming the most urgent problem facing humanity in the 21st century. Despite rapid efforts in the mitigation of climate change, there are rising global impacts of climate change. Small businesses remain a source of economic growth and social development in African countries irrespective of the global impact of climate change. Thus, African countries should embark on a reasonable transition to a low-carbon, climate-resistant, or environmentally sustainable economy such that small businesses are turned to small green domestic companies.

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Climate Change and the Sustainability of Small Businesses in Africa

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