WEBVTT
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Hi, my name is Mads Peter Langhorn.
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I'm a managing director and partner in Copenhagen,
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and I lead our green growth accelerator topic
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there globally for BCG.
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Hi, I'm Siddharth Jain, I'm a managing director
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and partner based out of Delhi,
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and I work with Mads
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on our green growth accelerator offering for Asia Pacific.
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So Mads, we often hear the question
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that the green energy transition is slowing down.
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What's the thought from Europe?
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The pace has certainly shifted,
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but the fundamentals remain very strong, intact.
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The funding need for the net zero transition
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over the next years is more than $7 trillion annually
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in CapEx.
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We see an an ever growing group
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of climate focused unicorns now with a combined valuation
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of more than $200 billion.
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The story here is not only about risk management
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and the downside protection,
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I think we see an increased impetus for growth
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and for value creation driven by green businesses.
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And I think the story from Asia is very similar.
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There's a very strong appetite
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to invest in green businesses.
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There's a lot of capital which is flowing towards these,
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a lot of bold moves,
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new technical innovations that are happening.
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So the questions leaders really are asking is not if,
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but how fast can we really go?
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Exactly.
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And I think that's also
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where a green growth accelerator comes in,
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where we work with corporates, with investors,
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with scale ups to build climate positive businesses
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that have tremendous impact.
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So we believe that companies
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that act now on the green agenda,
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they will have a tremendous opportunity
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to build out market leadership, competitive advantage,
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and ultimately long-term resilience.