气候变化领域集成服务门户(CCPortal): Are we expecting too much from the private sector in flood adaptation? Scenario-based field experiments with small- and medium-sized firms in Ho Chi Minh City; Vietnam

CCPortal

DOI	10.1007/s10584-020-02888-y
	Are we expecting too much from the private sector in flood adaptation? Scenario-based field experiments with small- and medium-sized firms in Ho Chi Minh City; Vietnam
	Leitold R.; Revilla Diez J.; Tran V.
发表日期	2020
ISSN	0165-0009
英文摘要	Adaptive governance approaches emphasize the crucial role of the private sector in enabling climate change adaptation. Yet, the participation of local firms is still lacking, and little is known about the conditions potentially influencing firms’ adaptation decisions and mechanisms that might encourage private sector engagement. We address this gap with an empirical analysis of the willingness of manufacturing small- and medium-sized enterprises (SMEs) to participate financially in collective flood adaptation in Ho Chi Minh City (HCMC), a hotspot of future climate change risk. Using scenario-based field experiments, we shed light on internal and external conditions that influence potential investments in collective initiatives and explain what role SMEs can play in flood adaptation. We find that direct impacts of floods, perceived self-responsibility, and strong local ties motivate firms to participate in collective adaptation, whereas government support, sufficient financial resources, and previously implemented flood protection strategies reduce the necessity to act collectively. Here, opportunity costs and the handling of other business risks play a decisive role in investment decisions. This study shows that although private sector engagement appears to be a promising approach, it is not a panacea. Collective initiatives on flood adaptation need formal guidance and should involve local business networks and partnerships to give voice to the needs and capacities of SMEs, but such initiatives should not overstretch firms’ responsibilities. © 2020, The Author(s).
英文关键词	Climate change; Field experiments; Flood response; Private sector adaptation; Small- and medium-sized firms; Vietnam
语种	英语
scopus关键词	Flood control; Floods; Investments; Risk assessment; Adaptation decisions; Climate change adaptation; Collective adaptation; Financial resources; Government supports; Investment decisions; Small and medium sized firms; Small and medium-sized enterprise; Climate change
来源期刊	Climatic Change
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/147281
作者单位	Institute of Geography, University of Cologne, Cologne, Germany; University of Economics and Law, Ho Chi Minh City, Viet Nam; Vietnam National University, Ho Chi Minh City, Viet Nam
推荐引用方式 GB/T 7714	Leitold R.,Revilla Diez J.,Tran V.. Are we expecting too much from the private sector in flood adaptation? Scenario-based field experiments with small- and medium-sized firms in Ho Chi Minh City; Vietnam[J],2020.
APA	Leitold R.,Revilla Diez J.,&Tran V..(2020).Are we expecting too much from the private sector in flood adaptation? Scenario-based field experiments with small- and medium-sized firms in Ho Chi Minh City; Vietnam.Climatic Change.
MLA	Leitold R.,et al."Are we expecting too much from the private sector in flood adaptation? Scenario-based field experiments with small- and medium-sized firms in Ho Chi Minh City; Vietnam".Climatic Change (2020).