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Staff Publications

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    'Staff publications' is the digital repository of Wageningen University & Research

    'Staff publications' contains references to publications authored by Wageningen University staff from 1976 onward.

    Publications authored by the staff of the Research Institutes are available from 1995 onwards.

    Full text documents are added when available. The database is updated daily and currently holds about 240,000 items, of which 72,000 in open access.

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Record number 562328
Title Inclusive and adaptive business models for climate-smart value creation
Author(s) Rosenstock, Todd S.; Lubberink, Rob; Gondwe, Sera; Manyise, Timothy; Dentoni, Domenico
Source Current Opinion in Environmental Sustainability 42 (2020). - ISSN 1877-3435 - p. 76 - 81.
DOI https://doi.org/10.1016/j.cosust.2019.12.005
Department(s) Business Management & Organisation
WASS
Publication type Refereed Article in a scientific journal
Publication year 2020
Abstract

Climate-smart business models target multiple Sustainable Development Goals by fostering agricultural productivity, supporting farm and farmer livelihood resilience, and encouraging climate mitigation. While many business models (cl)aiming to create climate-smart value already exist both in agricultural development and business practice, little scholarly attention has so far been directed toward their functioning. In this paper, we argue that business models need to be inclusive and adaptive to generate climate-smart value equitably for all stakeholders involved and sustainably over time. Inclusivity involves not only providing the poor at the Bottom-of-the-Pyramid (BoP) with access to resources (e.g. finance, technology, access to markets) in business models but also, according to some scholars, with guaranteeing their representation in decision-making over the use of these resources. Adaptability entails the capacity to smoohtly adjust structures and processes of enterprise-BoP partnerships that underlie business models. We suggest that building inclusive and adaptive climate-smart business models is non-trivial work which, in the future, will require rapid cycles of collective experimentation and reflection between decision-makers in climate-smart business models and researchers studying them.

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