International Journal For Multidisciplinary Research

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Barriers and Opportunities for Women Entrepreneurs in Climate-Smart Industries in India

Author(s) Kaavya Verma
Country India
Abstract Enhancing women entrepreneurship is being increasingly recognized as a powerful driver for India’s economic growth (Ramya U et al, 2024). This study therefore examines the barriers and opportunities for women entrepreneurs in climate-smart industries in India- a sector that is crucial for sustainable development and economic growth. Although women's contributions to innovation and environmental sustainability are increasingly acknowledged, there are still barriers that prevent them from participating fully in these fields (Srinivasan A et al, 2012). The study identifies key barriers such as access to finance, lack of technical expertise, societal norms, and limited access to networks and mentorship. The prevailing gender prejudices in the entrepreneurial ecosystem exacerbate these barriers, making it more challenging for women to enter and succeed in climate-smart sectors (Arora M, 2024). The paper also highlights emerging opportunities for women entrepreneurs. Government initiatives, increased awareness about climate change, and the global shift towards sustainable practices are creating new avenues for women to engage in green businesses. ¬¬The study suggests that targeted interventions through capacity building and skill development programs, better access to finance and networks along with effective mentorship, can significantly enhance the participation of women in climate-smart industries (Banu J, 2024).
Keywords Women Entrepreneurs, Climate smart industries, Challenges, India
Field Sociology > Economics
Published In Volume 6, Issue 5, September-October 2024
Published On 2024-09-21
Cite This Barriers and Opportunities for Women Entrepreneurs in Climate-Smart Industries in India - Kaavya Verma - IJFMR Volume 6, Issue 5, September-October 2024. DOI 10.36948/ijfmr.2024.v06i05.27526
DOI https://doi.org/10.36948/ijfmr.2024.v06i05.27526
Short DOI https://doi.org/g4qmr3
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