Women play a critical role in Africa’s economy, especially through small businesses. Unfortunately, they also face unique challenges when it comes to climate change. Research shows that women entrepreneurs often experience a “triple burden” of vulnerability: their businesses are in climate-sensitive sectors, they struggle to access resources, and they manage household climate risks.
However, there’s a silver lining. Women-led businesses are more likely to adopt sustainable practices to handle climate challenges. Our recent research highlights this trend. In regions like Kenya and Senegal, businesses led by women demonstrated a stronger commitment to long-term resilience than those with male leadership.
For instance, the Women Entrepreneurs in Climate Change Adaptation (WECCA) project reveals that women often seek innovative solutions, such as diversifying their income sources or using sustainable farming techniques. This approach not only helps their businesses but also strengthens their communities. Women frequently reinvest their earnings into crucial household needs, providing further benefits to those around them.
Small businesses are vital to African economies, generating most employment and providing essential services. Yet, they are also at high risk from climate-related disasters like floods and droughts. To thrive amid these challenges, businesses must adapt. The way they adapt can determine their long-term survival and growth.
A study in regions prone to climate extremes showed that female-led businesses adopt fewer harmful, short-term coping strategies than those led by men. Instead of selling assets or cutting jobs, women leaders tend to implement strategies that sustain their operations over time.
For example, women are more likely to explore new crop varieties or secure loans that help them weather financial storms. This suggests a strategic mindset that prioritizes long-term stability over immediate fixes. Findings indicate that when women entrepreneurs receive adaptation support, they often outshine their male counterparts, outperforming them in resilience and growth.
However, it’s crucial to acknowledge the hurdles women face. They often lack access to financing and technology, which can insulate them from climate risks. Cultural expectations around domestic roles can restrict their mobility and limit engagement with broader markets. Despite these challenges, their proactive approaches to sustainability are noteworthy.
To fully realize the potential of women entrepreneurs in climate adaptation, a supportive business environment is essential. Governments should create policies that provide women with access to resources and training. Moreover, gathering better data on gender-specific adaptation practices can help inform these policies. Initiatives like the World Bank Enterprise Surveys are invaluable for understanding how businesses adapt and what support is needed.
In conclusion, investing in women-led businesses not only fosters equity but also enhances climate resilience. As they lead the charge in sustainable practices, women entrepreneurs are crucial players in building a resilient economy that benefits everyone.
Source link
Climate change,Commercialising farmer,Help me understand,Women in Agriculture