THE ADAPTATION SME ACCELERATOR PROJECT (ASAP) is a grant-funded initiative led by Lightsmith and supported by the Global Environment Facility, Conservation International, and the Inter-American Development Bank that seeks to build an ecosystem for small- to medium-sized companies in emerging markets that have technologies, products, and services that can be used to build resilience to the impacts of climate change (“Adaptation SMEs”).

The program includes the identification of Adaptation SMEs around the world operating in sectors such as food & agriculture, analytics & risk modeling, water, insurance & risk transfer, energy, transportation, and infrastructure, among others, to be aggregated into a publicly searchable database, the development of a definition and eligibility criteria to define which types of products and services are considered “climate resilience & adaptation solutions”, a series of virtual convenings for Adaptation SMEs and other stakeholders, and partnerships with existing incubator and accelerator programs to develop adaptation-, resilience- and social impact-focused curriculum for Adaptation SMEs.