Climate change perspectives and adaptation strategies of business enterprises: a case study from Italy

ABSTRACT

The purpose of the paper is to present empirical evidence on how to develop climate-resilient business enterprises under the auspices of an industrial park management. This was facilitated through the collective mapping of climate adaptation strategies corresponding to the identified business risks exacerbated by climate events directly experienced in the shared territory. The cluster approach attempted to overcome the typical challenges of single business enterprises, mostly small and medium-sized enterprises, with respect to their lack of human and financial resources and scientific and technical knowledge to understand climate change risks. The prospects of facilitating knowledge-sharing and information exchange within a cluster of business enterprises give impetus to the replicability and transferability of the approach in other industrial areas and organizational contexts.

KEYWORDS:

• Climate change adaptation
• cluster
• industrial area
• risk management
• uncertainty

Disclosure statement

No potential conflict of interest was reported by the authors.