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dc.contributorEconomy Divisionen_US
dc.contributor.authorUnited Nations Environment Programmeen_US
dc.contributor.authorEaP Greenen_US
dc.contributor.otherUnited Nations Environment Programmeen_US
dc.contributor.otherOrganisation for Economic Co-operation and Developmenten_US
dc.contributor.otherUnited Nations Economic Commission for Europeen_US
dc.contributor.otherUnited Nations Industrial Development Organizationen_US
dc.contributor.otherEuropean Unionen_US
dc.coverage.spatialArmeniaen_US
dc.coverage.spatialAzerbaijanen_US
dc.coverage.spatialBelarusen_US
dc.coverage.spatialGeorgiaen_US
dc.coverage.spatialRepublic of Moldovaen_US
dc.coverage.spatialUkraineen_US
dc.coverage.spatialEuropeen_US
dc.date.accessioned2021-11-22T11:12:24Z
dc.date.available2021-11-22T11:12:24Z
dc.date.issued2018
dc.identifier.urihttps://wedocs.unep.org/20.500.11822/37495
dc.descriptionAn increasing number of small and medium-sized enterprises (SMEs) in the EU Eastern Partnership (EaP) countries consider resource efficient and cleaner production (RECP) to be an important business issue. They are interested in better understanding how they use input materials, what their environmental impact is and what opportunities there are to improve material efficiency of production and reduce pollution. Meanwhile, many SMEs are not fully conversant with the potential of resource efficiency and how to calculate the possible economic benefits of RECP measures. A survey conducted by the United Nations Industrial Development Organization (UNIDO) in the EaP countries showed that SMEs consider insufficient access to finance to be the greatest obstacle to implementing RECP in their operations, followed by insufficient human resources to ensure adequate compliance with environmental regulations. SMEs may be reluctant to take loans from banks, even when such loans are available from local financial institutions. Such factors as high interest rates, short repayment periods, high collateral requirements, currency risks and political and economic instability discourage SMEs in EaP countries from assuming loans to invest in RECP measures. Indeed, internal funding is by far the largest financial channel through which SMEs obtain financial resources.en_US
dc.formatTexten_US
dc.languageEnglishen_US
dc.rightsPublicen_US
dc.subjectRESOURCES CONSERVATIONen_US
dc.subjectCLEANER PRODUCTIONen_US
dc.subjectSMALL ENTERPRISESen_US
dc.subjectMEDIUM ENTERPRISESen_US
dc.subjectEASTERN EUROPEen_US
dc.subjectFINANCINGen_US
dc.titleFinancing Resource Efficient and Cleaner Products by SMEs in the EU Eastern Partnership Countries: A Stakeholders’ Guidebooken_US
wd.identifier.sdgSDG 12 - Responsible Consumption and Productionen_US
wd.topicsResource Efficiencyen_US
wd.identifier.pagesnumber69 pagesen_US


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