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Narrator: Of all the continents,
Africa has contributed the least to climate change,
accounting for less than 3%
of cumulative global CO2 emissions.
Nevertheless, Africa is likely
to be disproportionately impacted by
the effects of climate change,
and must build resilience for its economies and societies.
That is why BCG has launched
its Centre for Climate & Just Transition in Africa,
to unlock the full potential of Africa
to advance climate action and a just transition.
Let's hear more from our offices across the continent about
some of the work we are already doing
to make this purpose a reality.
-: In South Africa, BCG has partnered
with the National Business Initiative,
and BUSA, Business Unity South Africa,
to try and understand what it will take
for the country to transition to net-zero.
What BCG did was to drive multi-stakeholder discussions
on the critical fact base
around what this is actually going to mean for the country.
We've had over 120 hours of workshops
with over a hundred different experts
in industry and academia
to try and really validate some of the critical assumptions
going into the work.
And the work has also been backed by
30 of South Africa's top CEOs
to really drive one voice of industry
behind the work as well.
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-: We have launched Green Ventures Africa,
which is a new model for BCG in the region,
to build and scale climate-smart solutions at
various stages of maturity across the continent.
Most recently, we've been working with a few companies.
One is a sustainable aquaculture company that is
really addressing the nutrition gap.
Another is an electric mobility company that's
providing financing that allows electric vehicles
to be more affordable than their petrol equivalents.
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-: With 40% of the global population living in costal areas,
it is imperative that
we better understand the impacts of sea-level rise,
and storm surge in these areas.
That is why the Moroccan BCG GAMMA team has
developed a powerful analytical tool
to map out the impacts of sea level rise,
and storm surge in coastal areas.
It allows any user, anywhere in the world
to model and see the impacts of sea-level rise,
compare it to other regions of the world,
and analyze the associated socioeconomic impacts.
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-: Lagos is a coastal mega-city,
and has peculiar climate change risks.
To address these risks,
Lagos is developing a clear adaptation,
and resilience plan ahead of COP27,
and BCG is supporting for this work.
We are leveraging advanced analytics, data
from various sources,
and a deep understanding of the local context in Lagos,
as people who live in Lagos ourselves.
Narrator: Achieving a climate-resilient, socially just,
decarbonized future for African countries is critical,
not just for Africa,
but for the good of the world.
Through our Centre for Climate & Just Transition in Africa,
BCG are committed to help making this a reality.
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