Philippines SME Resilience: Understanding the needs of SMEs and - - PowerPoint PPT Presentation

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Philippines SME Resilience: Understanding the needs of SMEs and - - PowerPoint PPT Presentation

Jan 04, 2024 153 likes •289 views

Philippines SME Resilience: Understanding the needs of SMEs and developing roadmaps of priority actions for strengthening SME resilience Ms. Elvira Tan MSMEs in the Philippines: Distribution of enterprises according to size Medium

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Philippines SME Resilience:

Understanding the needs of SMEs and developing roadmaps of priority actions for strengthening SME resilience

  • Ms. ¡Elvira ¡Tan ¡
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Distribution of enterprises according to size

Micro, ¡ 89.4% ¡ Small, ¡ 9.7% ¡ Medium ¡, ¡ 0.4% ¡ Large, ¡ 0.4% ¡

MSMEs in the Philippines:

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49.9% ¡ 14.7% ¡ 12.3% ¡ 5.9% ¡ 4.1% ¡ 3.4% ¡ 1.8% ¡ 1.8% ¡ 1.1% ¡ 1.3% ¡1.2% ¡ 2.7% ¡

Wholesale ¡and ¡retail ¡ Manufacuring ¡ ¡ Hotels ¡and ¡restaurants ¡ Real ¡estate/renHng ¡ Health ¡and ¡social ¡work ¡ Financial ¡intermediaHon ¡ ¡ EducaHon ¡ ¡ Agriculture,forestry ¡ Transport/storage ¡ ConstrucHon ¡ ¡ Electricity, ¡gas&water ¡ Others ¡

Distribution of MSMEs according to industry sector

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Micro, ¡30% ¡ Small, ¡24% ¡ Medium ¡, ¡ 8% ¡ Large, ¡39% ¡

MSME employment distribution

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SME development system

Main legislation:

  • Republic Act No. 9501, “Magna Carta for Micro, Small

and Medium Enterprises (MSME) Act of 2008”

  • Republic Act No. 9178, “Barangay Micro Business

Enterprises (BMBEs) Act of 2002”

  • Republic Act No. 10644, “Go Negosyo Act of 2013”
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DRRM / CCA systems

Main Legislation

  • Republic Act No. 10121, “National Disaster Risk

Reduction and Management Act”

  • Republic Act No. 9729, “Climate Change Act”
  • Republic Act 10174 “People’s Survival Fund Act”
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MSME Survey results

(+) High awareness of disaster risks (+) Significant degree of engagement with DRRM system at local level (-) MSMEs incur significant losses from disasters (-) Low awareness on BCM as a risk reduction tool (-) Low uptake of external risk financing (-) Need for disaster risk reduction training

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Towards a Road Map for MSME Disaster Resilience in the Philippines

Disaster ¡risk ¡ reducHon ¡and ¡ management ¡& ¡ climate ¡change ¡ adaptaHon ¡ SME ¡development ¡

Bridging ¡the ¡gap ¡towards ¡“MSME ¡disaster-­‑resilience” ¡ ¡

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Towards a Road Map for MSME Disaster Resilience in the Philippines The ¡pracAcal ¡components ¡of ¡“MSME ¡disaster-­‑resilience” ¡ ¡

  • What are the identified needs
  • Who needs to be concerned with MSME disaster

resilience

  • Which policy modalities or actions can best

support MSMEs to become more disaster-resilient

  • How and where policy initiatives and targeted

activities can communicate with and access MSMEs

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Modalities for MSME resilience road map:

  • Existing and potential MSME participation in DRRM system

institutions.

  • Existing channels in MSME development and business

registration

  • Existing channels in business finance, insurance and taxation
  • Adapting risk and recovery finance to MSMEs
  • Focus: Region/Industrial area /Sectoral

Towards a Road Map for MSME Disaster Resilience in the Philippines

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Modalities for MSME resilience road map:

  • Mainstream disaster-resilience into health and safety

compliance

  • Support the development of MSME business
  • rganizations
  • Develop and disseminate targeted tools and training
  • Link with large corporations on BCM

Towards a Road Map for MSME Disaster Resilience in the Philippines

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Maraming Salamat (Thank you)