Bain & Company partners with WEF to tackle climate change in MENA

  • Date: 24-Jan-2023
  • Source: Zawya
  • Sector:Oil & Gas
  • Country:UAE
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Bain & Company partners with WEF to tackle climate change in MENA

Dubai, United Arab Emirates — Bain & Company, the leading global management consulting firm, in partnership with the World Economic Forum launched last year, the Leaders for a Sustainable Middle East and North Africa Forum to accelerate corporate climate action in a part of the world set to be among those most affected by climate change.

The MENA region is estimated to be seeing warming at twice the global rate, with projections suggesting temperatures could be as much as four degrees warmer by 2050, and some cities in the region potentially becoming uninhabitable by the end of the century.

The region’s businesses can play a key role in helping to slow the effects of global warming with a number of quickly actionable measures, including embracing the transition to more climate-friendly practices, adopting global best practices, setting clear objectives, raising consumer awareness, and partnering with the government.

Akram Alami, Partner and ESG lead for the Middle East at Bain and Company said: “Now is the time for business leaders to take action in the fight against climate change. In MENA, the situation is more severe than in many others, evident by almost twice the rate of temperature increase compared to global averages in the