The climate crisis is
a profound global challenge
causing significant disruptions
to economies, livelihoods,
and natural ecosystems.
Adaptation is needed now as impacts are already being felt:
in the developing world, where the nations
least ready to adapt face the largest threats,
but also in developed economies.
While businesses remain largely
unprepared in identifying and managing climate risks and hazards,
countries and cities on the other side often lack robust, actionable adaptation plans,
with data fragmented across multiple sources and stakeholders split across sectors.
Decision makers face pressing questions:
What is my exposure to climate risk?
What will be the impact on social, economic, and natural systems?
What response will increase resilience?
How do I prioritize and optimally deploy resources for adaptation?
And how will these projects be funded?
BCG has developed a powerful, end-to-end approach to support decision makers
around the world in addressing their adaptation and resilience challenges.
Leveraging our ‘Climate Impact AI’ analytics backbone,
we work with governments and companies to assess their exposure to climate risks,
support their climate adaptation and resilience strategies,
develop their solution responses, and mobilize public and private sector funding.
We work broadly across developed and developing markets,
helping strengthen adaptation plans,
developing best in class frameworks and identifying solutions,
from responding to heat and sea-level rise in West Africa,
to drought and extreme events in a developed country in Oceania.
In a highly at-risk country in Southeast Asia,
BCG’s work on sea level rise revealed populations at risk of displacement,
areas that could face critical infrastructure loss in schools and hospitals,
which sectors would be hardest hit on GDP and jobs
and areas of highest potential biodiversity loss.
Our holistic approach assesses the readiness of existing adaptation plans,
identifies the socioeconomic return of different scenarios
across populations and industry sectors,
and is enabling decision-makers to determine costs of inaction,
consider and prioritize multiple solution levers,
and build adaptation plans to protect those most at risk.
BCG enables decision-makers to be targeted and effective
in progressing their race to resilience.
In all these examples, success requires bringing together the public,
private, and social sectors to achieve the goal of adaptation
and ensure we maximize limited resources as we protect people,
economies, and ecosystems.
Meet the challenges of the climate crisis
head on.
The time to act and adapt is now.