SMEs play a pivotal role in economies, comprising over 90% of all businesses and significantly contributing to employment and innovation. However, integrating ESG principles and aligning with the SDGs present notable challenges for these enterprises. According to a 2022 OECD report, SMEs often struggle with limited resources, insufficient access to sustainable finance, and a lack […]

While sustainable tourism broadly refers to all sustainable forms of tourism in natural, urban, and cultural settings, green tourism refers to a specific type of sustainable tourism focused on nature-based experiences, where flora and fauna are the core attractions. Both emphasize environmental preservation (APO, 2009). According to the UNWTO's “Global Policy Review” (2024), analyzing 80 […]

With services now over 70% of global GDP and the rise of servicification, where services increasingly support production, reassessing service regulation is crucial (OECD, 2024). This shift is driven by technological advances, which are making some professions more routinized. A key aspect is the servicification of manufacturing, or servitization, where firms rely more on services […]

Global supply chains are the backbone of manufacturing. They have faced disruptions from events like the COVID-19 pandemic, geopolitical tensions, and natural disasters, highlighting the need for further digitalization. It is vital for firms to pick up early signals of uncertainties, thereby gaining sufficient time to orchestrate operations and resources to withstand disruptions (ADB, 2023). […]

Climate finance was at center stage during COP29, bringing together nearly 200 countries in Baku in 2024. While addressing the needs of developing countries and focusing on the role of SMEs in the green transition, the finance commitments were tripled to USD300 billion annually from USD100 billion annually by 2035. Recognizing the gap in capacity […]