The Mediterranean climate is principally characterized by warm, dry summers and cool, wet winters. However, there are large variations in precipitation dynamics in regions with this climate type. We examined the variability of precipitation within and among Mediterranean-climate areas, and classified the Mediterranean climate as wet, moderate, or dry based on annual precipitation; and strongly, moderately, or weakly seasonal based on percentage of precipitation during summer. Mediterranean biomes are mostly dry (1300 mm annually); and many areas are weakly seasonal (>12% of annual precipitation during summer). We also used NOAA NCDC climate records to characterize interannual variability of annual and dry-season precipitation, as well as trends in annual, winter, and dry-season precipitation for 337 sites that met the data quality criteria from 1975 to 2015. Most significantly, sites in many Mediterranean-climate regions show downward trends in annual precipitation (southern California, Spain, Australia, Chile, and Northern Italy); and most of North America, the Mediterranean basin, and Chile showed downward trends in summer precipitation. Variations in annual and summer precipitation likely contribute to the high biodiversity and endemism characteristic of Mediterranean-climate biomes; the data indicate trends toward harsher conditions over the past 40 years.

The green financing landscape in Pakistan is evolving, which signifies the need for a comprehensive gap analysis that examines the present status and constraints in supporting green finance in the country. Textile and leather industries are key sectors in Pakistan’s economy and rely heavily on small and medium enterprises (SMEs). Excessive resource use and inadequate environmental management methods pose a significant danger to the sectors’ long-term viability and account for an extreme relevance to the embracement of the circular economy paradigm. Green finance aims to ensure that economic process, safeguarding the environment, and maintaining environmental integrity all grow together. This research used a literature review and interview-based methodology (in which we interviewed more than 20 people representing SME operators, government officials, and banking staff) to examine SME finance, green banking, and demand and supply side constraints to cleaner/sustainable manufacturing in Pakistan’s leather and textile sectors. The research findings show that policy uncertainty and financial short-termism are economic impediments and obstacles that constitute a path-dependent, lock-in, non-linear mechanism. This study found a lack of tailored business advisory and financing for SMEs to learn about and invest in sustainable consumption and production (SCP). Furthermore, many banks in Pakistan also show a strong commitment to the expansion of the State Bank of Pakistan’s Green Banking Guidelines (GBGs). The results also highlight the high value of government assistance for businesses participating in green initiatives and incentives for banking institutions and private limited companies to support and invest in green practices.