Boston Consulting Group (BCG), the worldwide administration consulting agency, has launched its International Local weather & Sustainability Hub within the GCC area. The announcement was made at BCG’s Center East Local weather Impression and Sustainability Summit within the presence of a choose group of leaders, key determination makers and {industry} consultants. The occasion was inaugurated by HE Mariam bint Mohammed Almheiri, Minister of Local weather Change and Setting of the United Arab Emirates (UAE), and Christiana Figueres, Government Secretary of the United Nations Framework Conference on Local weather Change (UNFCCC), who shared the actions wanted for governments and companies to deal with the area’s local weather change in addition to broader sustainability challenges.
The brand new BCG Local weather & Sustainability Hub will mixture, construct and localize cross-industry experience in sectors resembling power, industrial items, retail and client, monetary providers and digital innovation to contribute to accelerated decarbonisation and larger circularity which helps enterprise and authorities ambitions.
“As host of subsequent yr’s COP28, the UAE has a possibility not solely to drive local weather motion at residence, but additionally to set an instance and encourage the world. To attain our targets, we’re creating an in depth net-zero technique by 2050, which features a long-term roadmap and short-term actions. It is a advanced endeavour, so we now have introduced collectively a broad set of stakeholders, spanning all emirates and sectors. We have now additionally labored with BCG to develop a complete, sturdy and impressive plan for the nation,” mentioned HE Mariam bint Mohammed Almheiri.
“With plentiful renewable assets, deep technological information and a drive to innovate, the area has the chance to take daring and focused motion to deal with the worldwide local weather disaster and enhance the sustainability of the Center East. Our consultants work in decarbonisation, mitigation, adaptation and innovation, serving to purchasers cut back their carbon footprint whereas making the most of new alternatives for inexperienced progress,” mentioned Shelly Trench, International Local weather & Sustainability Technique Lead, Managing Director & Companion, BCG.
The BCG Local weather & Sustainability Hub will give attention to three core areas:
- Internet zero at nation stage: BCG works with governments globally to develop methods to succeed in web zero, enabling them to satisfy their regional and world commitments below the Paris Settlement.
- Mitigation at company stage: Working with company purchasers throughout a spread of industries, together with power, industrial items, journey and tourism, BCG will assist implement methods and initiatives that cut back regional and world carbon footprints.
- Inexperienced Ventures and Innovation: Working with private and non-private sector entities to harness new alternatives for inexperienced progress, in addition to harnessing not solely the distinctive pure and human assets but additionally the capabilities of the area
Simon Birkebaek, Center East Local weather & Sustainability Matter Lead, Companion, BCG added: “Governments and corporations within the area have alternatives to construct new export industries in hydrogen, inexperienced fuels for aviation and transport, inexperienced metal or aluminum, amongst others . This not solely helps to cut back the carbon footprint, but additionally creates new jobs and alternatives for the residents of the area.”
BCG’s professional group on local weather change within the Center East contains:
- Shelly Trench, International Local weather & Sustainability Technique Lead, Managing Director & Companion
- Pablo Martinez, Head of BCG Center East, Managing Director and Senior Companion
- Joerg Hildebrandt, International Local weather and Sustainability Chief for the Public Sector, Managing Director and Senior Companion
- Samuele Bellani, International Decarbonization Professional, Managing Director and Companion
- Benjamin Deschietere, Center East Inexperienced Cities, Industries and Transport, Managing Director and Companion
- Simon Birkebaek, Center East Local weather & Sustainability Matter Lead, Companion
