By tailoring an incremental approach to their constraints and opportunities, upstream players can reduce their carbon footprint while limiting any negative economic impact. We help companies set ambition levels for their own 2°C transformation and set science-based targets that are tightly linked to their own corporate strategy. Climate Change and Food System Innovation Hub The Center for Environmental Farming Systems (CEFS) is committed to research, extension, and education in sustainable agriculture and community-based food systems. The situation is dire, but it’s not too late. Governments have an unparalleled opportunity to use stimulus programs to drive climate change progress. Its policies for limiting emissions will have a significant impact on the global climate for decades to come. The starting point for the Climate Prediction Center, the home of the official U.S. climate outlooks. BCG Managing Director & Partner Bas Sudmeijer proposes building networks to trap CO2 emissions deep in the earth, giving us a shot at stalling climate change. Researchers studying Hurricane Harvey found that human-induced climate change made extreme rainfall more likely. The Center for Climate Action, along with BCG Digital Ventures, ideates and incubates business and service innovations to drive growth in a low-carbon economy. Master of Arts in Climate and Society. The increase in storms, floods, heat waves, and other natural disasters brought on by global warming will have a significant impact on future physical infrastructure and material flows. Boston Consulting Group is an Equal Opportunity Employer. We Need True Net Zero, and It Needs Early Adopters. Ventures, Partnerships, and Ecosystems. There’s a clear climate risk to building a climate research center on the waterfront. We help companies find the right business model, design variants, go-to-market strategy, pricing, and branding for every given situation. by providing science-based information and tools about climate change impacts on forests and other ecosystems, as well as approaches to adaptation and mitigation in forests and grasslands. Contact us (pccrc@purdue.edu) if you're interested in having a PCCRC faculty or staff affiliate speak at your next event. The Center for Climate Action, along with BCG Digital Ventures, ideates and incubates business and service innovations to drive growth in a low-carbon economy. Purpose, Ambition, and Target Setting. While we expect to have the biggest climate impact through our client work, we know that we must also walk the talk by reducing the negative impact of our own footprint as quickly as we can. We conduct scientific research on public climate change knowledge, attitudes, policy preferences, and behavior, and the underlying psychological, cultural, and political factors that influence them. The Center for Climate Action helps companies develop an “abatement curve” to understand the most cost-efficient path for bringing down their own emissions. Partner and Director, Sustainable Investing & Social Impact, Learn about our climate and environment work. We help them create a clear view of their supply chain emissions, identify material reduction levers, and develop effective strategies to engage suppliers and recalibrate procurement processes with emissions reduction in mind. We also support clients in engaging with customers to reduce their downstream footprint and improve the sustainable use and end-of-life treatment of their own products. Unlike research reports or topic briefings, these stories explore the experiences of land managers, scientists, and others as they study and cope with a changing climate. The Center for Climate Action can tap into BCG’s deep people and organization expertise to rewire companies for a low-carbon world. This Guide to Chinese Climate Policy provides information on China’s emissions, the impacts of climate change in China, the history of China’s climate change policies and China’s response to climate change … We work with companies to establish analytically grounded, scenario-based, and TCFD-compliant financial disclosure practices that document climate-related financial risks and opportunities to the broader financial market. The Center for Climate Action helps leaders tell their climate story—sharing the right amount of data and describing the narrative in the most effective way—to position organizations for a value-adding dialogue with external stakeholders (including investors, policy makers, customers, and suppliers) as well as internal stakeholders (such as employees, management, and board members). BCG will have a net-zero climate impact by 2030. Its online portal offers original syntheses of land management topics written by scientists and resource specialists, in-depth video presentations that cover a wide range of climate change adaptation and mitigation topics, a compendium of climate change and carbon tools, a collection of case studies and example projects, and a recommended literature library. Their analysis found that the greatest direct climate change impact on the electricity sector in California will likely come from two factors: higher air conditioning loads and decreased hydropower availability. Four of the 10 costliest hurricanes on record in the United States occurred in 2017 and 2018. The tool is a multi-agency effort, led by the U.S. Forest Service Office of Sustainability and Climate Change with additional support from the USDA Climate Hubs and U.S. Forest Service Research and Development. How Carbon Capture Networks Could Help Curb Climate Change, Canada’s Plan for Achieving Its Ambitious Climate Change Agenda. The CCRC continues to grow and change as it adds new content on managing ecosystems under climate change. Warmer Temperatures CEFS envisions a future of vibrant farms, resilient ecosystems, strong communities, healthy people, and thriving local economies. It appears your browser does not support JavaScript or you have it disabled. Mitigating climate change will require a way to scrub carbon dioxide from the atmosphere for good. The Sabin Center develops legal techniques to fight climate change, trains students and lawyers in their use, and provides up-to-date resources on key topics in climate change law … We also engage the public in climate change science and solutions, in partnership with governments, media organizations, companies, and civil society, and with a daily, national radio … Sustainable Sourcing and Supply Chain (Scope 3). Our simulation of China’s climate-change pathways shows that it has economically attractive and socially viable pathways to achieve its decarbonization goals. 2010–2019 a landmark decade for billion-dollar weather and climate disasters. The CCRC has started a series unfolding the stories of climate change. Climate Resource Center NASA’s Global Climate Change website hosts an extensive collection of global warming resources for media, educators, weathercasters and public speakers. The Center for Climate Action partners with clients across the public, private, and social sectors to align their strategy, operations, and stakeholder engagement with a low-carbon world. Climate change policy is among the issues taking center stage for Democrats heading into the November general election. All qualified applicants will receive consideration for employment without regard to race, color, age, religion, sex, sexual orientation, gender identity / expression, national origin, protected veteran status, or any other characteristic protected under federal, state or local law, where applicable, and those with criminal histories will be considered in a manner consistent with applicable state and local laws. Hazards Assessment and Drought Assessment. How an EU Carbon Border Tax Could Jolt World Trade. Financial Management and Carbon Trading. We develop scenarios, model financial impacts, shape the narrative, and help set up an end-to-end set of processes and tools to support this process. We create winning business models, along with M&A and technology roadmaps, refocusing strategy on new, low-carbon growth markets. To advance the battle, firms should focus on their underwriting and investment portfolios, internal emissions, and regulatory and reporting transparency. The mission of the U.S. Geological Survey National Climate Adaptation Science Center is to provide actionable, management-relevant research on climate change effects on ecosystems and wildlife to U.S. Department of the Interior bureaus. BCG helps clients make informed decisions about physical climate impact and develop resilience plans designed to safeguard at-risk infrastructure around the world. The CCRC continues to grow and change as it adds new content on managing ecosystems under climate change. Natural resource planners, land managers, and other decision makers can find usable science as well as approaches to adaptation and mitigation from the U.S. Forest Service to help them address climate change impacts. Our work is supported by BCG’s range of consulting experience across all industries and capabilities, as well as by our expanding reach of brands. Ours is the last generation that can prevent a global disaster. Human Health and Climate Change We advance research in the area of extreme temperatures and associate impacts. What We Do. by providing science-based information and tools about climate change impacts on forests and other ecosystems, as well as approaches to adaptation and … Global climate change and low-carbon policies can threaten the mainstays of a company, as well as shareholder value. The Climate Change Resource Center (CCRC) addresses the land manager's question, "What can I do about climate change?" We live in an increasingly complex world in which crises proliferate and magnify risks to our financial system. Infrastructure Resilience. One arena in which government can tackle climate change and environmental racism is in financial protection and community investment. Climate change is adding to the coast and threat of hurricanes. The Purdue Climate Change Research Center mission is to increase scientific and public understanding of the causes and consequences of climate change through interdisciplinary research and effective education and outreach. We help them explore low-carbon investment programs by familiarizing them with innovative financing instruments and structures, such as green bonds. In general, models show hurricane rainfall increasing by 10 to 15 percent on average by the end of the century. BCG’s Center for Climate Action partners with businesses and governments to help them prepare for a decarbonized world, supporting them as they drive technological and economic transformations and realize competitive advantage in a low-carbon economy. Together we are correctly focused on public health, the economy, and racial justice. How China Can Achieve Carbon Neutrality by 2060. Jonathan Wilkinson, Canada’s minister of environment and climate change, explains how green jobs will play a major role in economic recovery. Stakeholder Engagement & Narrative. How will climate change affect your French fries? Popular products: El Nino/La Nina Advisories, U.S. The Center for Climate Action works with BrightHouse, a BCG company, to realign the purpose of organizations with a low-carbon economy. Tackling climate change will require state and local action alongside federal policy change. Companies that get it right will create financial value and help save the planet. To understand the disruptive force of climate change, a leading mining company partnered with BCG to proactively drive an ambitious sustainability agenda. Climate Action Pays Off in Transportation and Logistics. How COVID-19 Is Changing the Pace of Energy Transitions. The COVID-19 crisis may have accelerated a key inflection point in fossil fuels – fundamentally altering many energy companies’ economic position and outlook. RE: Climate Change and Financial Risks. While there have been extreme storms in the past, recent history reflects the growing expense of hurricanes. In surveys conducted by the Center in late 2019 and early 2020, 88% of Democratic registered voters said stricter environmental laws and regulations are worth the cost. The Climate Change Resource Center (CCRC) addresses the land manager's question, "What can I do about climate change?" Read more. The agency announced late last month that it was creating a Center on Climate Change and National Security to look at how droughts, rising seas, mass migrations and competition for resources could affect the nation’s military and economic priorities. President Joe Biden has proposed the most ambitious climate policy in American history. Current news and data streams about global warming and climate change from NASA. Announcing the first Climate School academic program: the Master of Arts in Climate and Society, a 12-month interdisciplinary program that trains professionals and academics to understand and cope with the impacts of climate change and climate variability on society and the environment. For Machinery Makers, Green Tech Creates Green Business. Plans to tax CO2 emissions that are attributed to imports would hike costs for EU trade partners and redefine competitive advantage in many industries. Upcoming Webinars about Climate Change and Health Complete the brief form below to register for any of our upcoming webinars. The Center for Climate Action supports clients in understanding, navigating, and managing their cost exposure with regard to Europe’s Emission Trading System and other carbon-pricing schemes. Think Small to Unlock Carbon Capture’s Big Potential. The tool is a multi-agency effort, led by the U.S. Forest Service Office of Sustainability and Climate Change with additional support from the USDA Climate Hubs and U.S. Forest Service Research and Development. Climate Should Not Be the Virus’s Next Victim. We plan ambitious emission-reduction programs, including offsetting measures, and support their implementation with BCG’s rigorous program management tools. The PCCRC is committed to supporting productive dialogues about climate change throughout Indiana. Impacts of Climate Change in New York Climate Change is Already Happening. Machinery manufacturers provide the technology and equipment needed to reduce carbon emissions and mitigate the effects of global warming—a €10 trillion greentech opportunity through 2050. We help implement new ways of working that allow for greater emissions-related transparency, launch internal carbon pricing, set efficient incentives, embed climate decision making and innovation in daily processes, achieve faster time to market with climate solutions, and become more attractive to outside talent. An analysis of pandemic stimulus measures finds that Europe is continuing its steady shift toward green energy while major Asian countries are sharply accelerating their transition. Can we create a global waste disposal service for carbon? But their approach must reflect the specifics of their economy and workforce. BCG.com will work better for you if you enable JavaScript or switch to a JavaScript supported browser. We focus on adverse health impacts from extreme heat and humidity and marine heat wave relationships to coastal fog and humidity. This content supports the highlighted step. A few companies have the right incentives to launch that effort today. Read more on the approach and overall impact. 2019 was second-warmest year on record. Nine of the 10 warmest years on record have occurred since 2005. The Center for Climate Action helps clients accelerate new business performance by identifying and measuring potential growth markets through the lens of climate action—and by applying commercial growth levers to win in those markets. How should companies get ready for the changes that are coming? We use key CO2 reduction levers, such as increased efficiency and the use of renewable power, fuel alternatives, new processes, low-carbon hydrogen, and carbon capture, usage, and storage. We develop new partnership strategies and help coordinate ecosystem-based initiatives that may include competitors, suppliers, and customers—reducing the risks associated with decarbonization challenges and ramping up new, low-carbon technologies at greater scale. To address their carbon footprint holistically, companies need to address emissions across the entire value chain. By reducing abatement costs, small networks of emitters could help establish carbon capture as a mainstream technology in the effort to mitigate global warming. Financial Disclosure. BCG worked with OGCI Climate Investments to ensure its $1 billion climate fund could maximize the impact of its investments. Have We Passed Peak Demand for Fossil Fuels? Protecting and Enhancing the Resilience of Ecosystems, U.S. Forest Service | Office of Sustainability and Climate Change, U.S. Forest Service | Research and Development, U.S. Department of Agriculture | Climate Hubs. Unilateral action may be the answer. That means that we may see more storms like Harvey. A Decarbonization Roadmap for Upstream Oil and Gas. Earth’s global average surface temperature was 1.71°F (0.95°C) above the 20th-century average in 2019. The COVID-19 crisis isn’t slowing Canada’s ambitious agenda for mitigating carbon emissions. COVID-19 recovery efforts can contribute to solving two crises at once—if leaders direct recovery-focused investments toward sustainable infrastructure, green jobs, and environmental resilience. A fourth crisis, climate change, poses significant financial risks as well. In the water sector, the greatest and most uncertain impact of climate change is on future water supplies. We develop new partnership strategies and help coordinate ecosystem-based initiatives that may include competitors, suppliers, and customers—reducing the risks associated with decarbonization challenges and ramping up new, low … Why Climate Change Is No Prisoner’s Dilemma. Combating climate change is one of humanity’s defining challenges of the 2020s. To overcome climate inaction, we must understand the rationale for individuals’ behaviors, identify the groups that could change those behaviors, and work with those groups to transform the vicious cycle into a virtuous one. Browse by topic and by media type, including videos, social media shareables, infographics, quizzes and interactives. Low-Carbon Governance. We develop tailored climate scenarios and evaluate business and portfolio impact using scenario-based approaches to help clients understand the implications of a low-carbon economy on corporate and portfolio strategy. Scenarios, Climate Risk, and Portfolio Resilience. Climate Central surveys and conducts scientific research on climate change and informs the public of key findings. Building common ground for practical climate solutions From the local to the global, C2ES is teaming up with policymakers, businesses, and other stakeholders to meet our critical climate and energy challenges. Low-Carbon Product and Growth Strategy. Low- and moderate-income communities and communities of … Through community gatherings, professional meetings, and educational events around the state, since 2018 we've engaged over 7,300 Hoosiers in these conversations.. New York's ClimAID report (2011, 2014) (leaves DEC website), the National Climate Assessment (2014) (leaves DEC website), and other research shows that a variety of climate change impacts have already been observed in New York and across the northeastern United States:. Emission Reduction and Offsetting. A New Approach to the Intractable Problem of Climate Change. And we make clear how financial institutions can effectively recalibrate investment portfolios to comply with the Paris targets. 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