Public–private partnerships: using cooperation to address climate change

Đuričin, Sonja and Ljumović, Isidora and Beraha, Isidora (2026) Public–private partnerships: using cooperation to address climate change. In: Rewriting the Climate Agenda: From Failed Policies to Transformative Action. MDPI, Basel, pp. 168-183. ISBN 978-3-7258-4401-2

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Abstract

Addressing climate change requires transformative action across all sectors, including the micro, small, and medium enterprise (MSME) sector, which often lacks the institutional capacity and fnancial means to pursue sustainable practices. Public–private partnerships (PPPs) are increasingly recognised as a mechanism to close this gap by mobilising private sector expertise and resources in support of public sustainability objectives. The process of green transition presents a complex challenge for MSMEs, requiring multifaceted and coordinated institutional responses. This study aims to map the areas where the application of PPP models could help to overcome the main barriers that MSMEs face in adopting sustainable practices in Serbia. Based on a structured questionnaire applied as part of a broader research initiative, the study identifes fnancial constraints, regulatory complexity, and limited access to technical and advisory services as the most pressing obstacles. In response, the research proposes the application of the Build–Operate–Transfer (BOT) PPP model as a targeted mechanism to support MSMEs through the development of shared green infrastructure. The proposed solution enables indirect fnancial support by engaging private actors in designing, financing, and managing infrastructure projects that beneft multiple enterprises while preserving public ownership and strategic oversight. The fndings demonstrate that the PPP framework can effectively address structural limitations of MSMEs by integrating public and private resources toward common sustainability goals.

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