By Wallace Mawire
The Boston Consulting Group (BCG) is launching the Centre for Climate and Just Transition in Africa as part of its global focus on helping companies and governments accelerate their climate and sustainability journeys.
“Both Climate and Africa are priorities for BCG globally, and that is why we are launching our Centre for Climate and Just Transition in Africa, with the purpose of unlocking the full potential of Africa to advance climate action and a Just Transition,” says Lucas Chaumontet, Managing Director and partner at BCG, Johannesburg.
BCG says that Africa , and South Africa is disproportionately exposed to the risks posed by climate change, increased climate volatility, rising water scarcity and the occurrence of extreme events such as droughts and floods is expected to have a devastating effect on local livelihoods and regional food systems.
They add that the recent floods in KwaZulu-Natal, South Africa bear testament to this.
The Centre will work to address the impact of climate change and accelerate progress toward net-zero while ensuring a just transition by focusing on three key priorities ,co-creating an aligned national and continental climate fact base to help alignment, decision, and cooperation among key stakeholders, mobilising forces to build and scale globally competitive green industries to improve the economic context, which is critical to achieve a just transition and developing critical capabilities within the public and private sectors to drive local leadership and ownership in African countries in the journey.
“Through the Centre, global and local experts from the public and private sectors and across the sustainability spectrum will engage, share knowledge and be able to access a vast library of relevant tools to achieve these aims. By bringing together a full suite of mitigation, adaptation and just transition capabilities to a broad set of industries and governments across the continent we will be able to accelerate impact in the climate space,” says Chaumontet.
The centre has already more than 50 core members across Africa, and is led by a passionate team, with responsibilities across countries and topics.
The leadership team is all based in Africa and the vast majority are Africans, consistently with their ambition to unlock the full potential of Africa.
“Achieving this will require creativity, innovation, and collaboration, and we will continue to partner with governments, leading companies and civil society to help reach these climate and sustainability goals”, says Chaumontet.
BCG has a strong and longstanding presence in Africa, with five offices and seven research centres across the continent supporting societal impact by helping organizations better anticipate and react to economic, social, environmental, and regulatory changes on the continent.
BCG supports a wide variety of clients in the public sector, social sector, and private sector, and covers a spectrum of topics including digital transformation, climate and sustainability, technology and innovation, and strengthening health and food systems.
Boston Consulting Group partners with leaders in business and society to tackle their most important challenges and capture their greatest opportunities. BCG was the pioneer in business strategy when it was founded in 1963.