ABSTRACT
Climate change is a global challenge that poses significant risks to various sectors, including small and medium-sized enterprises (SMEs) in Nigeria. This research project aims to assess the climate change risks faced by SMEs in Nigeria and analyze their impacts on business operations and financial performance. Furthermore, the project evaluates how these climate change risks influence SME operations, including supply chain disruptions, increased operational costs, and reduced productivity. It also investigates their direct and indirect effects on financial performance metrics such as profitability, liquidity, and long-term sustainability
The study employs a mixed-methods approach, combining qualitative interviews with SME owners and quantitative data analysis of financial statements and climate-related variables. Through this comprehensive approach, the research seeks to identify key climate change risks affecting SMEs, including extreme weather events, resource scarcity, and regulatory changes.
The findings of this research provides valuable insights for SMEs, policymakers, and stakeholders in Nigeria, it would enable them to develop informed strategies to mitigate climate change risks and enhance the resilience and sustainability of SMEs in the face of a changing climate. Ultimately, this study contributes to the broader understanding of the intersection between climate change and the SMEs operations and financial performance, particularly in emerging economies like Nigeria.
