Background

The Maldives faces significant challenges in transitioning to renewable energy, particularly due to its dependency on imported fossil fuels and limited space for renewable infrastructure. While the country has made strides in integrating solar power, it continues to explore alternative renewable sources like wind, ocean energy, and floating solar projects to diversify its energy portfolio. However, these efforts are hampered by a lack of human, financial, and technical resources.

Ecuador is a country known for its diverse ecosystems, which range from the Amazon rainforest to the Andes mountains. The floriculture sector is one of the country’s most significant agricultural industries, contributing to its economy and providing employment to thousands of people, particularly in rural areas. Despite the sector's competitiveness, many small and medium-sized enterprises (MSMEs) in Ecuador face challenges due to high operational costs, limited access to financing, and increasing climate variability.