BCG at COP29

Global leaders gathered at COP29 in Baku, Azerbaijan, to drive the conversation and compel action around climate action, sustainability targets, and the energy transition.

Each year, the UN convenes a Conference of Parties (COP), bringing together public and private sector leaders to catalyze action and deliver climate progress. From November 11 to November 22, the COP Presidency of Azerbaijan hosted COP29 in Baku, with a program focused on advancing the targets set forth in the Paris Agreement and designing an inclusive energy transition.

Every COP represents a critical moment in international progress and cooperation—an opportunity to align and forge collective action around a shared purpose. But each also acts as a reminder that time is running out to combat the worst effects of climate change. The objective of COP29 was focusing on the need to “invest today to save tomorrow.”

In Baku, BCG’s delegation convened clients across industries to explore pathways for green growth, reducing climate risks, and accelerating decarbonization. Our engagements at COP29 reinforced that, while much work remains—especially in delivering government-level cooperation worldwide-public and private sector organizations play a pivotal role in aligning net-zero goals with value creation to drive impactful progress.

 

Insights from COP29 and Beyond

At BCG, we remain committed to partnering with the most impactful institutions around the globe to drive impact on the issues that will be front and center at COP29. Our expertise includes:

Climate Finance

BCG is committed to helping organizations unlock climate financing and innovation by mobilizing funding across the investment and venture ecosystem.

Sustainable Transformation and Green Growth

We help leaders build more sustainable organizations and deliver greener impact. Our experts help legacy companies drive innovation at the core, ensuring that they are able to deliver financial returns and positive societal impact. We also work closely with emerging businesses to scale innovation and achieve lasting competitive advantage.

VIDEO

Green Growth Accelerator

BCG’s Green Growth Accelerator partners with clients across industries and sectors—including energy, textiles, fast-moving consumer goods, transportation, and more—to drive climate innovation, unlock opportunities for growth, generate new revenue streams, and create lasting competitive advantage.

" "
Report

Sustainability in Private Equity, 2024

This year’s report reflects data from over 6,000 PE-backed companies, offering new insights on how sustainability in the private markets has evolved over the last year.

Decarbonization and the Energy Transition

BCG combines a deep expertise in energy, climate, and social impact to bring innovative and inclusive solutions to the energy transition. We work closely with clients to lower their emissions footprint, ensuring that they are ready to build—and operate in—a more sustainable world.

AI, Technology, and Climate Impact

While emerging technologies offer corporations and governments a much-needed edge in the fight against climate change, because of their energy intensity, they must be deployed thoughtfully. Our experts help organizations harness AI, climatech, and other powerful capabilities efficiently and sustainably, without exacerbating the issues they are trying to solve. Used strategically, these tools will help our most important institutions reduce emissions, speed the energy transition, and unlock value.

Our Latest Thinking from BCG Climate Experts

A Deep Dive on the Costs of Decarbonization

Ultimately, decarbonized products won’t cost consumers a big premium. But getting there won’t be cheap or easy, explains BCG’s Rich Lesser.

What Will Enable Companies to Move Faster on Climate?

Dow’s Jim Fitterling discusses the role of new markets, collaboration, and innovation in driving technological advances and speeding up climate action.

Profits with Purpose

Alex Amouyel discusses how Newman's Own Foundation directs all profits to support children’s programs, donating to initiatives that nourish and uplift kids facing adversity.

Partnering with the Private Sector to Meet Humanitarian Needs

The private sector’s scale and reach make it a valued partner in disaster response and other humanitarian efforts, says BCG’s David Young.

Meet Our Climate and Sustainability Experts

The Sustainable Advantage: Insights on Creating Competitive Advantage Through Sustainability