Research/academic paper

A Contextual Financial Analysis of Green Micro, Small and Medium Enterprises/Local Green Enterprises in Uganda

The Micro, Small and Medium Enterprises (MSMEs) dominate Uganda’s economy. They play a pivotal role in production and supply chains, value addition, technology transfer, development and innovation. MSMEs, underpin the country’s competitiveness, employment, income and wealth creation and if greened and well harnessed, they have a big potential to facilitate transitioning to an inclusive transformative growth trajectory. These contributions notwithstanding, MSMEs in Uganda are still grappling with a wide range of challenges that impede their growth and effective performance. This report therefore is an analysis of the contextual financial landscape including the macroeconomic environment, policy and regulatory landscapes of green MSMEs/Local Green Enterprises (LEGs) in Uganda under the overall framework of a socially inclusive transformative green economy. The report contributes to a better understanding of the sustainable financial architecture and how it affects the activities and priorities of LGEs in Uganda. It is hoped that the report will guide informed discussions at local and national levels and feed into the development of sustainable finance policy instruments, laws, support systems and standards that improve investment climate for LGEs and consequently promote the greening of MSMEs.