Abstract:

Availability of strategies and opportunities can drive SMEs competitiveness potential. In Uganda, more SMEs are emerging and many of these SMEs activities have contributed to global warming in form of carbon-dioxide release with less effort to reduce these negative effects. For example, water risks are urgent today, given the population and climate change trends, the demand for primary energy is projected to increase globally. The study assessed corporate carbon emission reduction strategies to enhance competitiveness of small and medium enterprises under different management practices in Uganda. The objectives of the study were to determine how company, employee and customer emission reduction strategies enhance the competitiveness of small and medium enterprises. Strategies were categorized as independent variables and competitiveness as dependent variable. However, multiple regression analysis was conducted to find out the effect of these strategies on the competitiveness. The study revealed that employee strategies are the number one predictor of competiveness. The study suggested an integrated carbon financing model which intends to contribute to carbon trade, climate change mitigation policy in Uganda. Critical success factors for Competitiveness of carbon financing strategies are determined by employee factors. Therefore, it’s those companies that will consider human resources capacity building for competence and change of attitude in these companies that will benefit from carbon emission strategies and such strategies will target carbon markets and systems competitively.