Inclusive and adaptive business models for climate-smart value creation
Climate-smart business models target multiple Sustainable Development Goals by fostering agricultural productivity, supporting farm and farmer livelihood resilience, and encouraging climate mitigation. While many business models (cl)aiming to create climate-smart value already exist both in agricultural development and business practice, little scholarly attention has so far been directed toward their functioning. In this paper, we argue that business models need to be inclusive and adaptive to generate climate-smart value equitably for all stakeholders involved and sustainably over time. Inclusivity involves not only providing the poor at the Bottom-of-the-Pyramid (BoP) with access to resources (e.g. finance, technology, access to markets) in business models but also, according to some scholars, with guaranteeing their representation in decision-making over the use of these resources. Adaptability entails the capacity to smoohtly adjust structures and processes of enterprise-BoP partnerships that underlie business models. We suggest that building inclusive and adaptive climate-smart business models is non-trivial work which, in the future, will require rapid cycles of collective experimentation and reflection between decision-makers in climate-smart business models and researchers studying them.
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Format: | Journal Article biblioteca |
Language: | English |
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Elsevier
2020-02
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Subjects: | inclusion, adaptation, enterprises, climate, food security, agriculture, climate change, |
Online Access: | https://hdl.handle.net/10568/109008 https://doi.org/10.1016/j.cosust.2019.12.005 |
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dig-cgspace-10568-1090082023-12-08T19:36:04Z Inclusive and adaptive business models for climate-smart value creation Rosenstock, Todd S. Lubberink, Rob Gondwe, Sera Manyise, Timothy Dentoni, Domenico inclusion adaptation enterprises climate food security agriculture climate change Climate-smart business models target multiple Sustainable Development Goals by fostering agricultural productivity, supporting farm and farmer livelihood resilience, and encouraging climate mitigation. While many business models (cl)aiming to create climate-smart value already exist both in agricultural development and business practice, little scholarly attention has so far been directed toward their functioning. In this paper, we argue that business models need to be inclusive and adaptive to generate climate-smart value equitably for all stakeholders involved and sustainably over time. Inclusivity involves not only providing the poor at the Bottom-of-the-Pyramid (BoP) with access to resources (e.g. finance, technology, access to markets) in business models but also, according to some scholars, with guaranteeing their representation in decision-making over the use of these resources. Adaptability entails the capacity to smoohtly adjust structures and processes of enterprise-BoP partnerships that underlie business models. We suggest that building inclusive and adaptive climate-smart business models is non-trivial work which, in the future, will require rapid cycles of collective experimentation and reflection between decision-makers in climate-smart business models and researchers studying them. 2020-02 2020-08-12T15:37:32Z 2020-08-12T15:37:32Z Journal Article Rosenstock TS, Lubberink R, Gondwe S, Manyise T, Dentoni D. 2020. Inclusive and adaptive business models for climate-smart value creation. Current Opinion in Environmental Sustainability. 42:76-81. 1877-3435 https://hdl.handle.net/10568/109008 https://doi.org/10.1016/j.cosust.2019.12.005 PII-EA_GCP4OSMARE en CC-BY-NC-ND-4.0 Open Access 76-81 Elsevier Current Opinion in Environmental Sustainability |
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inclusion adaptation enterprises climate food security agriculture climate change inclusion adaptation enterprises climate food security agriculture climate change Rosenstock, Todd S. Lubberink, Rob Gondwe, Sera Manyise, Timothy Dentoni, Domenico Inclusive and adaptive business models for climate-smart value creation |
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Climate-smart business models target multiple Sustainable Development Goals by fostering agricultural productivity, supporting farm and farmer livelihood resilience, and encouraging climate mitigation. While many business models (cl)aiming to create climate-smart value already exist both in agricultural development and business practice, little scholarly attention has so far been directed toward their functioning. In this paper, we argue that business models need to be inclusive and adaptive to generate climate-smart value equitably for all stakeholders involved and sustainably over time. Inclusivity involves not only providing the poor at the Bottom-of-the-Pyramid (BoP) with access to resources (e.g. finance, technology, access to markets) in business models but also, according to some scholars, with guaranteeing their representation in decision-making over the use of these resources. Adaptability entails the capacity to smoohtly adjust structures and processes of enterprise-BoP partnerships that underlie business models. We suggest that building inclusive and adaptive climate-smart business models is non-trivial work which, in the future, will require rapid cycles of collective experimentation and reflection between decision-makers in climate-smart business models and researchers studying them. |
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Journal Article |
topic_facet |
inclusion adaptation enterprises climate food security agriculture climate change |
author |
Rosenstock, Todd S. Lubberink, Rob Gondwe, Sera Manyise, Timothy Dentoni, Domenico |
author_facet |
Rosenstock, Todd S. Lubberink, Rob Gondwe, Sera Manyise, Timothy Dentoni, Domenico |
author_sort |
Rosenstock, Todd S. |
title |
Inclusive and adaptive business models for climate-smart value creation |
title_short |
Inclusive and adaptive business models for climate-smart value creation |
title_full |
Inclusive and adaptive business models for climate-smart value creation |
title_fullStr |
Inclusive and adaptive business models for climate-smart value creation |
title_full_unstemmed |
Inclusive and adaptive business models for climate-smart value creation |
title_sort |
inclusive and adaptive business models for climate-smart value creation |
publisher |
Elsevier |
publishDate |
2020-02 |
url |
https://hdl.handle.net/10568/109008 https://doi.org/10.1016/j.cosust.2019.12.005 |
work_keys_str_mv |
AT rosenstocktodds inclusiveandadaptivebusinessmodelsforclimatesmartvaluecreation AT lubberinkrob inclusiveandadaptivebusinessmodelsforclimatesmartvaluecreation AT gondwesera inclusiveandadaptivebusinessmodelsforclimatesmartvaluecreation AT manyisetimothy inclusiveandadaptivebusinessmodelsforclimatesmartvaluecreation AT dentonidomenico inclusiveandadaptivebusinessmodelsforclimatesmartvaluecreation |
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