Greening MSMEs and promoting green-preneurship

MSMEs, numbering almost a million, represent more than 90% of all registered business enterprises in the Philippines and account for more than 60% of national employment. They are considered engines of inclusive growth as they provide income opportunities for Filipino workers and their respective households yet, MSMEs, particularly those in the rural areas, face significant challenges such as technical and financial capacity limitations to sustain and expand operations; and external constraints such as affordable access to electricity and logistical services and vulnerability to climate change impacts. The Department of Trade and Industry (DTI) supports the development of MSMEs through the provision of equipment grants under the DTI Shared Services Facilities Program while the Climate Change Commission (CCC) promotes climate smart industries under the National Climate Change Action Plan (NCCAP) of the Philippines.