Building SME resilience
Generali and UNDP have joined forces to support small and medium enterprises (SMEs) and promote their resilience against climate change as well as other natural hazards.
SME EnterPRIZE Asia
In 2024, Generali expanded its flagship SME EnterPRIZE project in Asia, building on the engagement carried out over the past years with thousands of SMEs from across Europe to celebrate and nurture a culture of sustainability.
On the occasion, an event was organized together with UNDP a well as representatives from the Malaysian Ministry of Finance, Bank Negara Malaysia, the SME Association of Malaysia as well as the insurance and financial communities to present concrete solutions on how to boost SME resilience against climate change and other risks.
The Kuala Lumpur event featured:
- the launch of a joint research report titled “Building MSME Resilience in Southeast Asia”;
- the introduction of the SME Loss Prevention Framework - a digital tool for Malaysian SMEs to better understand and manage growing climate and weather-related risks;
- and the showcase of innovative solutions for SME protection in Malaysia in the framework of the Insurance Innovation Challenge Fund Malaysia.
SME EnterPRIZE France
The 2024 local edition of SME EnterPRIZE in France awarded three French small and medium businesses that stood out thanks to their sustainable business models during an event at the Ministry of Economy, Finance, and Industrial and Digital Sovereignty.
Organised in partnership with UNDP, the event also featured a round table dedicated to SME resilience to climate risk, with the participation of experts from Generali, RiskCare.eu, and UNDP itself. Looking also at the commercial relations existing between French and other countries’ small and medium businesses within international markets, the discussions highlighted the importance of protecting the most vulnerable SMEs and developing innovative solutions to ensure their durability and resilience.
