Leveraging Social Entrepreneurship to Address Climate Change: Sustainable Business Models for a Greener Future
Main Article Content
Abstract
The increasing severity of climate change has necessitated the adoption of innovative solutions that integrate environmental sustainability with economic viability. Social entrepreneurship, as a transformative force, holds significant potential in addressing the climate crisis by promoting sustainable business models that focus on social and environmental impact alongside profit. This paper explores the interconnections between social entrepreneurship and climate change mitigation, analyzing various sustainable business models that contribute to a greener future. Through a comprehensive review of existing literature, case studies, and theoretical frameworks, the paper identifies key strategies employed by social entrepreneurs to combat environmental challenges. These strategies include renewable energy initiatives, waste management solutions, sustainable agriculture practices, and the development of eco-friendly products and services. The paper also examines the role of social enterprises in fostering community engagement, raising awareness, and influencing policy changes to encourage more sustainable practices across industries. Furthermore, it highlights the barriers faced by social entrepreneurs, including financial constraints, regulatory challenges, and the need for supportive ecosystems to scale their impact. The study emphasizes the importance of cross-sector collaboration between government, business, and civil society in creating an enabling environment for social entrepreneurship to thrive. By leveraging innovative business models, social entrepreneurs can create scalable solutions that address the environmental, economic, and social dimensions of climate change. This paper concludes with recommendations for policymakers, investors, and entrepreneurs to strengthen the role of social entrepreneurship in driving global climate action and achieving sustainable development goals. The findings offer a pathway for leveraging social entrepreneurship as a tool for advancing a greener, more sustainable future.