Between micro and macro: Role of intermediate actors for risk management and resilience

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Meso-level actors (such as trade or industry associations) can play a unique role for managing climate risks and building a more resilient business ecosystem 


Climate risks contribute to an increasingly complex landscape of risks that affects all levels of societies and economies. Especially in developing countries such as Sri Lanka, direct climate change impacts as well as long-term, indirect, or non-economic consequences of climate change have the potential to severely disrupt key sectors such as agriculture or fisheries. In managing these risks and building long-term resilience, the focus often lies on micro-level actors, including entrepreneurs, small businesses, and farming households, and government actors on the macro level, who create the overall enabling environment and manage public budgets.

However, there is a variety of intermediary actors that sit between these levels, such as industry or trade associations, producer groups, chambers of commerce, credit unions, civil society organisations, or banks. These meso-level actors can act as risk aggregators and perform important functions to build the resilience of the business ecosystem, facilitate synergies, and strengthen…

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