Take this quiz to test your knowledge!

True or False? MSMEs only need to evaluate their climate and natural risks and do not need to think about the risks in their business value chain.

True - the operations of any MSME are independent and not affected by the factors of other elements in the business value chain.

False - understanding the risks in the upstream and downstream value chain is essential because it will eventually affect your business.

What does the Risk Evaluation and Renewable Energy Opportunity Identification tool cover?

Country-level natural hazards

Business risk identification

Risk responses

Opportunity for renewable energy integration

Estimation of cost implications of renewable energy integration

True or False? Renewable energy technology is never a part of the risk response. It is just an additional element that is added to the tool.

True

False

Which of the following statement is true?

Exercising risk responses does not yield any value. Businesses cannot prepare for climate risk events.

Exercising risk responses can open doors to new product/service opportunities.

Exercising risk responses always yields new product/service opportunities.

True or False? The Risk Evaluation and Renewable Energy Opportunity Identification tool is specifically made for agrovet businesses only.

True. As narrated in the chapter, the tool is specific to agrovet businesses only.

False. The tool can be used by any MSME in the South Asian region.