WEBVTT
1
00:00:00.000 --> 00:00:03.300
(upbeat music)
2
00:00:03.300 --> 00:00:04.740
Of all the continents,
3
00:00:04.740 --> 00:00:08.280
Africa has contributed the least to climate change,
4
00:00:08.280 --> 00:00:10.230
accounting for less than 3%
5
00:00:10.230 --> 00:00:13.053
of cumulative global CO2 emissions.
6
00:00:14.490 --> 00:00:16.650
Nevertheless, Africa is likely
7
00:00:16.650 --> 00:00:18.720
to be disproportionately impacted by
8
00:00:18.720 --> 00:00:20.730
the effects of climate change,
9
00:00:20.730 --> 00:00:24.363
and must build resilience for its economies and societies.
10
00:00:25.290 --> 00:00:26.872
That is why BCG has launched
11
00:00:26.872 --> 00:00:30.630
its Centre for Climate & Just Transition in Africa,
12
00:00:30.630 --> 00:00:32.970
to unlock the full potential of Africa
13
00:00:32.970 --> 00:00:36.063
to advance climate action and a just transition.
14
00:00:36.960 --> 00:00:40.440
Let's hear more from our offices across the continent about
15
00:00:40.440 --> 00:00:42.180
some of the work we are already doing
16
00:00:42.180 --> 00:00:44.310
to make this purpose a reality.
17
00:00:44.310 --> 00:00:46.500
In South Africa, BCG has partnered
18
00:00:46.500 --> 00:00:48.450
with the National Business Initiative,
19
00:00:48.450 --> 00:00:50.850
and BUSA, Business Unity South Africa,
20
00:00:50.850 --> 00:00:52.620
to try and understand what it will take
21
00:00:52.620 --> 00:00:55.140
for the country to transition to net-zero.
22
00:00:55.140 --> 00:00:58.770
What BCG did was to drive multi-stakeholder discussions
23
00:00:58.770 --> 00:01:00.030
on the critical fact base
24
00:01:00.030 --> 00:01:02.370
around what this is actually going to mean for the country.
25
00:01:02.370 --> 00:01:04.394
We've had over 120 hours of workshops
26
00:01:04.394 --> 00:01:06.450
with over a hundred different experts
27
00:01:06.450 --> 00:01:08.340
in industry and academia
28
00:01:08.340 --> 00:01:10.590
to try and really validate some of the critical assumptions
29
00:01:10.590 --> 00:01:11.820
going into the work.
30
00:01:11.820 --> 00:01:13.290
And the work has also been backed by
31
00:01:13.290 --> 00:01:15.600
30 of South Africa's top CEOs
32
00:01:15.600 --> 00:01:17.940
to really drive one voice of industry
33
00:01:17.940 --> 00:01:19.228
behind the work as well.
34
00:01:19.228 --> 00:01:21.811
(upbeat music)
35
00:01:25.230 --> 00:01:27.600
We have launched Green Ventures Africa,
36
00:01:27.600 --> 00:01:29.910
which is a new model for BCG in the region,
37
00:01:29.910 --> 00:01:32.713
to build and scale climate-smart solutions at
38
00:01:32.713 --> 00:01:36.570
various stages of maturity across the continent.
39
00:01:36.570 --> 00:01:38.700
Most recently, we've been working with a few companies.
40
00:01:38.700 --> 00:01:41.490
One is a sustainable aquaculture company that is
41
00:01:41.490 --> 00:01:43.440
really addressing the nutrition gap.
42
00:01:43.440 --> 00:01:45.780
Another is an electric mobility company that's
43
00:01:45.780 --> 00:01:48.540
providing financing that allows electric vehicles
44
00:01:48.540 --> 00:01:52.212
to be more affordable than their petrol equivalents.
45
00:01:52.212 --> 00:01:54.795
(upbeat music)
46
00:01:57.060 --> 00:02:00.165
With 40% of the global population living in costal areas,
47
00:02:00.165 --> 00:02:01.500
it is imperative that
48
00:02:01.500 --> 00:02:03.464
we better understand the impacts of sea-level rise,
49
00:02:03.464 --> 00:02:06.090
and storm surge in these areas.
50
00:02:06.090 --> 00:02:08.310
That is why the Moroccan BCG GAMMA team has
51
00:02:08.310 --> 00:02:10.177
developed a powerful analytical tool
52
00:02:10.177 --> 00:02:12.990
to map out the impacts of sea level rise,
53
00:02:12.990 --> 00:02:15.480
and storm surge in coastal areas.
54
00:02:15.480 --> 00:02:18.030
It allows any user, anywhere in the world
55
00:02:18.030 --> 00:02:21.136
to model and see the impacts of sea-level rise,
56
00:02:21.136 --> 00:02:23.790
compare it to other regions of the world,
57
00:02:23.790 --> 00:02:27.061
and analyze the associated socioeconomic impacts.
58
00:02:27.061 --> 00:02:29.644
(upbeat music)
59
00:02:32.550 --> 00:02:34.200
Lagos is a coastal mega-city,
60
00:02:34.200 --> 00:02:38.040
and has peculiar climate change risks.
61
00:02:38.040 --> 00:02:39.330
To address these risks,
62
00:02:39.330 --> 00:02:42.120
Lagos is developing a clear adaptation,
63
00:02:42.120 --> 00:02:45.510
and resilience plan ahead of COP27,
64
00:02:45.510 --> 00:02:48.540
and BCG is supporting for this work.
65
00:02:48.540 --> 00:02:51.900
We are leveraging advanced analytics, data
66
00:02:51.900 --> 00:02:53.760
from various sources,
67
00:02:53.760 --> 00:02:56.850
and a deep understanding of the local context in Lagos,
68
00:02:56.850 --> 00:02:58.803
as people who live in Lagos ourselves.
69
00:03:00.030 --> 00:03:02.850
Achieving a climate-resilient, socially just,
70
00:03:02.850 --> 00:03:06.750
decarbonized future for African countries is critical,
71
00:03:06.750 --> 00:03:08.400
not just for Africa,
72
00:03:08.400 --> 00:03:10.830
but for the good of the world.
73
00:03:10.830 --> 00:03:14.490
Through our Centre for Climate & Just Transition in Africa,
74
00:03:14.490 --> 00:03:18.093
BCG are committed to help making this a reality.
75
00:03:18.093 --> 00:03:20.760
(upbeat music)