{"id":5300,"date":"2025-07-28T04:18:04","date_gmt":"2025-07-28T04:18:04","guid":{"rendered":"https:\/\/orbis.management\/?p=5300"},"modified":"2025-07-28T04:18:06","modified_gmt":"2025-07-28T04:18:06","slug":"how-firms-adapt-to-climate-change-evidence-from-the-developing-world","status":"publish","type":"post","link":"https:\/\/orbis.management\/es\/2025\/07\/28\/how-firms-adapt-to-climate-change-evidence-from-the-developing-world\/","title":{"rendered":"How Firms Adapt to Climate Change: Evidence from the Developing World"},"content":{"rendered":"<p class=\"\"><a href=\"https:\/\/www.nber.org\/papers\/w32848\" target=\"_blank\" rel=\"noopener\"><strong>Link to NBER Paper<\/strong><\/a><\/p>\n\n\n\n<p class=\"\">As climate change intensifies, the private sector\u2019s response\u2014particularly in the agricultural sector\u2014is a crucial determinant of resilience. This NBER study examines how firms in developing countries adjust their behavior in response to environmental shocks.<\/p>\n\n\n\n<p class=\"\"><strong>Main Insights:<\/strong> &#8211; Larger firms with greater access to finance tend to invest in climate-resilient infrastructure (e.g., irrigation, cold storage). &#8211; Firms in agro-processing and value chains respond faster than smallholder producers. &#8211; Risk management tools\u2014like weather insurance\u2014are critical but underutilized.<\/p>\n\n\n\n<p class=\"\"><strong>Policy and Private Sector Implications:<\/strong> &#8211; There\u2019s a role for <a href=\"https:\/\/www.rainhail.com\/\" target=\"_blank\" rel=\"noopener\"><strong>Rain and Hail Insurance<\/strong><\/a> and <strong>micro-insurance startups<\/strong> in expanding coverage. &#8211; Multinational buyers can support resilience by incorporating climate risk in procurement contracts.<\/p>\n\n\n\n<p class=\"\"><strong>Conclusion:<\/strong> This paper underscores that climate adaptation is uneven across firm sizes and sectors. Supporting access to finance, insurance, and predictive analytics can empower more firms to invest in resilience.<\/p>","protected":false},"excerpt":{"rendered":"<p>Innovative responses to climate change risks<\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","footnotes":""},"categories":[13],"tags":[],"class_list":["post-5300","post","type-post","status-publish","format-standard","hentry","category-climate-change"],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/orbis.management\/es\/wp-json\/wp\/v2\/posts\/5300","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/orbis.management\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/orbis.management\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/orbis.management\/es\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/orbis.management\/es\/wp-json\/wp\/v2\/comments?post=5300"}],"version-history":[{"count":2,"href":"https:\/\/orbis.management\/es\/wp-json\/wp\/v2\/posts\/5300\/revisions"}],"predecessor-version":[{"id":5323,"href":"https:\/\/orbis.management\/es\/wp-json\/wp\/v2\/posts\/5300\/revisions\/5323"}],"wp:attachment":[{"href":"https:\/\/orbis.management\/es\/wp-json\/wp\/v2\/media?parent=5300"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/orbis.management\/es\/wp-json\/wp\/v2\/categories?post=5300"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/orbis.management\/es\/wp-json\/wp\/v2\/tags?post=5300"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}