ASSESSING THE ADAPTATION OF BATSWANA ENTREPRENEURS TO CLIMATE CHANGE: STRATEGIES FOR SUSTAINABLE RESILIENCE AND INNOVATION.
Keywords:
Adaptation, Botswana Entrepreneurs, Climate Change, Sustainable Resilience, Innovation, StrategiesAbstract
Climate change poses a global challenge, demanding comprehensive responses to safeguard environmental sustainability, economic stability, and societal well-being. In the context of emerging economies like Botswana, where the impacts of climate change are pronounced, understanding how entrepreneurs navigate and adapt to this challenge becomes paramount. This study aims to address the existing knowledge gap by assessing the adaptation strategies of Batswana entrepreneurs, focusing on their innovative and sustainable approaches. Drawing insights from diverse sources such as the IPCC, UNDP, Shane, Zahra, EAC, GIZ, Wang & Bansal, UNEP, and WEF, the research outlines the specific geographical and economic context of Botswana.
This research transcends academic realms, holding practical implications for policymakers, development agencies, and stakeholders. While global insights inform the study, its primary focus is on Botswana, contributing to the understanding of the unique challenges and opportunities faced by Batswana entrepreneurs in the context of climate change. Through a quantitative approach, data were collected using a structured questionnaire from a diverse sample of 114 entrepreneurs in Botswana. A descriptive and correlational research design was adopted, utilizing inferential statistics for data analysis. The Data from the findings was supposed to be analysed using IBM SPSS version 20. However, due to the use of Google Forms, the data were automatically analysed within the platform, providing efficient processing and analysis of the respondents' data.
The research objectives were to analyse awareness levels, evaluate adaptation strategies, and identify barriers to effective adaptation. By addressing these objectives, the research not only contributes to the academic discourse on climate change adaptation and entrepreneurship but also offers practical implications for policymakers, development agencies, and entrepreneurs in Botswana. Findings reveal a high level of awareness among entrepreneurs, yet significant challenges in translating awareness into action. Financial constraints, unclear government policies, and limited access to information were identified as primary barriers. Despite challenges, entrepreneurs express willingness to adopt innovative and sustainable practices. Government policies and support structures are perceived as needing improvement to promote climate change resilience. The study concludes with recommendations for collaborative efforts to address barriers and support entrepreneurship in effectively adapting to climate change in Botswana. Overall, the study highlights the urgent need for collaborative efforts to address barriers and support entrepreneurship in effectively adapting to climate change in Botswana.
Keywords: Adaptation, Botswana Entrepreneurs, Climate Change, Sustainable Resilience, Innovation, Strategies
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