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Strategies for Sustainable Development Leveraging MSMEs in the Philippine Blue and Green Economy: Innovation for Sustainability and Financial Empowerment for a Sustainable Transition
Abstract
This chapter examines the significant role of MSMEs in advancing a sustainable blue and green economy in the Philippines, focusing on Innovation for Sustainability and Financial Empowerment. It discusses how MSMEs can reduce environmental impact and enhance resource efficiency through waste minimization, greener technologies, and sustainable tourism. Financial empowerment through microfinance, public-private partnerships, and government policies ensures MSMEs can access funds for renewable energy projects and eco-friendly technologies. The chapter provides a framework for cooperation among policymakers, stakeholders, and MSMEs, offering practical insights and case studies of successful sustainable practices. It aims to guide the Philippine economy towards a resilient, sustainable path where economic growth aligns with environmental integrity, highlighting MSMEs as key drivers of this shift.
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