This report explores the impact of climate change on Micro, Small, and Medium-sized Enterprises (MSEs) in Lagos, Nigeria, and assesses their readiness to adopt sustainable practices. A survey of 150 MSEs across various sectors revealed that 90% of respondents know about climate change, but only 30% possess the necessary skills for climate action. While 83% are open to adopting eco-friendly practices, only 53% reported being directly affected by climate change, primarily through increased costs and operational disruptions.

Key challenges identified include a significant skills gap, limited financial resources, and the need for better support mechanisms. The findings suggest a critical need for targeted policy interventions, improved access to finance, and knowledge-sharing programs to bridge the gap between awareness and action. By addressing these barriers, MSEs can be empowered to contribute meaningfully to climate resilience and sustainability efforts.

Finally, the report highlights the importance of equipping MSEs with the tools and resources to integrate climate action into their operations, ensuring long-term sustainability and resilience in a rapidly changing environment.