Financing for SMEs in Sustainable Global Value Chains

Organisation:
Global Partnership for Financial Inclusion (GPFI), World Bank Group (WBG), Germany Federal Ministry for Economic Cooperation and Development (BMZ)

The report Financing for SMEs in Sustainable Global Value Chains demonstrates how governments, financial institutions and businesses can work together to support financing models that encourage small and medium enterprises (SMEs) to upgrade their production processes to comply with sustainability standards in global value chains (GVCs).

Part 1 explores the importance of SMEs and GVCs for emerging economies. It also examines the rise of sustainability standards and the challenges and opportunities they pose for SMEs. Part 2 reports findings from a stocktaking exercise conducted through a survey administered to governments, financial institutions, businesses and information technology platforms in G20 and non-G20 economies. Lastly, Part 3 outlines policy considerations for the various stakeholders, governments, financial institutions and businesses to develop new financing models to support sustainability-oriented SMEs in GVCSs.