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Through an extensive consultation and review process involving leading climate experts, the ASAP project developed a comprehensive taxonomy that builds on existing definitions and approaches to determine whether an SME qualifies as an “Adaptation SME” based on the type(s) of technologies, products and services that it provides.
This taxonomy is a key tool for identifying and engaging with SMEs to provide targeted support. The framework is flexible, dynamic and applicable to any sector with broad application beyond the ASAP initiative.
Address systemic barriers to adaptation by strengthening users' ability to understand and respond to physical climate risks and impacts.
Prevent or reduce physical climate risk or impacts on assets, economic activities, people, or nature.
Enable a user to identify, evaluate, manage or monitor physical climate risks and impacts , preventing and reducing contextual and location specific climate risk or adverse impacts.
Enable a user to address systemic barriers to adaptation, such as access to information, capacity, technology or finance.
Be offered in developing countries
Measurable and defined contribution to adaptation outcomes